Georgia Healthcare Group PLC announced that it has signed a binding memorandum of understanding, subject to relevant regulatory approvals, to acquire a 100% equity stake in JSC GPC. The company expects to improve GPC's EBITDA margin from its 4.0% level in 2015. Furthermore, GPC's acquisition expects to significantly will accelerate GHG's ambulatory launch strategy, as 25 out of GPC's 96 pharmacies already have express ambulatory clinics, which apart from approximately GEL 2 million GEL 2.5 million capex savings during 2016, will become feeders for GHG's existing and future outpatient clusters.
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5-day change | 1st Jan Change | ||
- GBX | -.--% | +5.36% | -42.44% |
2022 | Georgia Healthcare Group Limited Signs $35 Million Financing Package with European Bank for Reconstruction and Development | CI |
2022 | Georgia Healthcare Group Announces CEO Changes | CI |
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