South African provider makes first step into Europe with Hirslanden acquisition

General Healthcare Group’s (GHG) former owners BC Partners has sold its Swiss hospital group Hirslanden to South African Medi-Clinic Corporation Limited for £1.4bn.The private equity firm, which sold GHG to fellow South African-owned provider Netcare for £2.2bn in April last year, was rumoured to be hoping for a figure closer to £1.6bn for the 13-strong…

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