Hony Capital Invests in Shanghai Private Hospital
October 09, 2014 at 07:42 AM EDT
Hony Capital, the private equity arm of Beijing-based computer maker Lenovo, invested in Shanghai Yangsi Hospital, a private hospital in Shanghai. Financial details of the transaction were not disclosed. According to China Money Network , Hony may be building a chain of hospitals across China, using M&A to create a recognized brand with standardized care in each hospital. The Hony transaction is only the most recent example of a trend: China's institutional investors are acquiring hospital assets. More details.... Share this with colleagues: // //