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Health Services Clalit Buys Herzliya Medical Center Stake, Blocking Investors
Clalit Health Services will acquire a controlling stake in Herzliya Medical Center by exercising its right of first refusal, blocking previous deals by Yitzhak Tshuva and Assaf Rappaport's group. The Ministry of Health favors HMO control of private hospitals.
4 newsrooms · 1 language · sincePlus
What happened
- 01Clalit Health Services will buy 10% more of Herzliya Medical Center.
- 02This gives Clalit majority control, increasing its stake to 50%.
- 03The deal blocks investors Yitzhak Tshuva and Assaf Rappaport.
- 04The Ministry of Health prefers HMO control of private hospitals.
- 05Herzliya Medical Center is a major private hospital in Israel.
The coverage
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How it broke
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