Concord Medical Buys Singapore Hospital for $40 Million
March 27, 2015 at 04:14 AM EDT
Concord Medical Services, a China radiotherapy and diagnostic imaging company, will acquire a small Singapore hospital from Fortis Healthcare for $40 million. The 31-bed facility, known as Fortis Surgical Hospital, offers nearly 100 different minimally invasive procedures. Concord, which plans to change the Singapore hospital's focus to oncology, has previously announced plans to build three high-end cancer hospitals in China. More details.... Stock Symbol: (NYSE: CCM) Share this with colleagues: // //