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Article: Report from Europe.
- Article from:
- Medical Device Daily
- Article date:
- March 13, 2007
CopyrightCOPYRIGHT 2007 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Report from Europe
French hospital group plans
$1.3B acquisition this year
By JOHN BROSKY
Medical Device Daily Contributing Writer
PARIS -- The leading private hospital company in France, Generale de Sante, reported a 21.3% growth in revenues for 2006 to 11.7 billion ($2.2 billion) and said it is prepared to make an acquisition this year valued at around 11 billion ($1.3 billion).
?The difficult context in which the group operated in 2006 demonstrated the robustness of our business model and allowed us to meet the commitments made at the start of the year,? said CEO Daniel Bour at a Paris press conference. Since ...