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Tag Archives: Georgia Healthcare Group

BGEO Sold Georgian Healthcare Group Shares

BGEO Sold Georgian Healthcare Group Shares

BGEO Group PLC said it has sold a 0.7% stake in Georgia Healthcare Group PLC for a total of USD3.7 million. BGEO sold 833,160 shares in Georgia Healthcare on Friday at a price of 360 pence per share, equivalent to USD4.45. The shares were sold to JSC ABC Pharmacia, a …

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Proparco to fund Evex $25 mln

Proparco to fund Evex $ 25 mln

Georgia Healthcare Group PLC (the “Group” or “GHG”) announces that its healthcare services business subsidiary (“Evex”), the leading private healthcare service provider in Georgia, and the European Development Financial Institution, Société de Promotion et de Participation pour la Coopération Economique (“Proparco”) have signed a US$ 25 million loan agreement. The …

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The EBRD to fund Evex With a US$10 Million Loan

The EBRD to fund Evex With a US$10 Million Loan

The EBRD is financing the development of a new hospital in Tbilisi with a US$10 million loan to JSC Medical Corporation Evex (Evex). The EBRD financing will allow Evex to renovate and refurbish the Deka hospital in Tbilisi by mid-2017. The clinic is located in Tbilisi. European Bank regards, that the new …

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Nodar Kapanadze: The Pharmacist and Insurer do not Have to Be Together

The Pharmacist and Insurer do not Have to Be Together

Nodar Kapanadze, an expert in the field of socio-economic issues made a statement in the TV program “Obiectivi” about the novelty of pharmaceutical sector. We are talking about the intention of Bank of Georgia Holdings Georgia Healthcare Group PLC (“GHG“), that plans to purchase pharmacy chain GPC.  According to Kapanadze, this fact implies to …

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Georgia Healthcare Group Launches Two New Ambulatory Clinic Clusters

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Georgia Healthcare Group PLC on Wednesday said it has launched two new ambulatory clinic clusters in Georgia, in the capital Tbilisi and in Kutaisi, the capital of the western region of the country. Georgia Healthcare Group appeared  public on the London stock market recently. The Georgia-based medical insurance and hospital provider …

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Bank of Georgia’s Unit to Buy 50% Stake in Tbilisi Hospital

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UK-based bank holding company Bank of Georgia Holdings Plc’s Georgia Healthcare Group subsidiary has signed a binding Memorandum of Understanding, subject to relevant regulatory approvals, to acquire 50.0% equity interest in Georgian hospital operator GNCo, with effective management and operational control over the company, the bank said on Monday. GNCo …

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