IFC-Led Consortium to Acquire 54% Stake in Africa’s AAR Healthcare Holdings for USD15m

Source(s): Africa Inc.

Hospital Holdings Limited, an investment consortium led by the IFC, has agreed to acquire a 54% stake in AAR Healthcare Holdings, an operator of hospitals and clinics in Kenya and other East Africa countries, for USD15m. Hospital Holding’s other investors include Sweden’s State-owned investment company Swedfund and other private entities. Read more»