
Acquisitions23 Jun 2026, 04:05 pm
Nephrocare Subsidiary Acquires Philippine Dialysis Center for PhP 80.64 Mn
AI Summary
Nephrocare Health Services Limited's wholly-owned subsidiary, Nephrocare Health Services, Philippines Inc., has acquired assets of a dialysis center in Zamboanga Sibugay, Philippines, from Pag-Asa Dialysis And Diagnostic Center. The transaction, executed via an Asset Transfer Agreement dated June 22, 2026, involves a total consideration of PhP 80,640,000. This strategic acquisition aims to expand the company's footprint in the Philippine healthcare market. The seller is not related to Nephrocare or its group companies, and the transaction is not considered a related party transaction.
Key Highlights
- Subsidiary acquired a dialysis center in the Philippines.
- Transaction value stands at PhP 80,640,000.
- Acquisition through an Asset Transfer Agreement.
- Expands Nephrocare's international presence.
- No related party transaction involved.
Price Impact
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