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Tuesday, May 06, 2008

Greek med group Hygeia buys Turkish hospital Safak | Industries | Healthcare | Reuters

"Greek med group Hygeia buys Turkish hospital Safak

ATHENS, May 6 (Reuters) - Greek medical centre Hygeia (HYGr.AT: Quote, Profile, Research) said on Tuesday it agreed to buy a 50 percent stake in Turkish hospital group Safak for $48 million (31 million euros) as part of its expansion strategy.

Under the deal, Hygeia will have a majority on Safak's board."

More:Greek med group Hygeia buys Turkish hospital Safak | Industries | Healthcare | Reuters