Life Healthcare’s enlarged international business accounted for nearly a quarter of group revenue in the year to end-September 2017, from just 7% previously. The private-hospital operator bought 94% of UK-based Alliance Medical Group in November 2016 and increased its shareholding in India’s Max Healthcare Institute in August 2017 to 49.7%. These deals helped the group to grow revenue by 27% to R20.8bn in its 2017 financial year. Aslam Dalvi comments.
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