Advance Renal: Singapore: Diaverum acquires dialysis clinic

Swedish dialysis provider Diaverum has agreed to buy Singaporean dialysis clinic chain Advance Renal Care Asia (ARCA) for an undisclosed sum. This acquisition follows Diaverum's announcement last week that it intended to raise €290m (US$344.3m) in an IPO on Nasdaq Stockholm. ARCA operates 14 dialysis clinics across Singapore, and a further four in Malaysia. Last [...]