Abraaj exits Philippines hospital DMMC
The Abraaj Group has made a full exit from Daniel O. Mercado Medical Center (DMMC), a tertiary care hospital based in the Philippines. The exit is said to have been through a buy-back arrangement with the Mercado family.
Established in 1957, DMMC is a 100-bed hospital located in Calabarzon region south of Manila, which employs around 500 doctors and staff. The original investment in the company was made in 2011 by Aureos...
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