South Africa’s second- largest private hospital group, Life Healthcare, has plans to expand its reach into markets such as Turkey and India and opportunities in east and west Africa.
The strategy contrasts with that of its biggest rivals, Netcare and Medi-Clinic, which have largely focused their offshore ventures in Western Europe. Netcare bought a controlling stake in the UK’s biggest private hospital group, General Healthcare Group, in 2006 and has made several smaller acquisitions there; Medi-Clinic acquired Swiss group Hirslanden in 2005 and has smaller ventures in the Middle East.
It was also important for the group to diversify its exposure to political and regulatory risks.
http://www.businessday.co.za/articles/Content.aspx?id=109369
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