January 4, 2018 / 7:12 AM / 6 months ago

BRIEF-Medicover Increases Its Investments In Indian Hospital Chain

Jan 4 (Reuters) - Medicover Ab:

* MEDICOVER ACCELERATES INVESTMENTS IN INDIA

* SEES INCREASED ITS INVESTMENTS IN INDIAN HOSPITAL CHAIN MAXCURE AHEAD OF PREVIOUS DISCUSSED TIMETABLES

* INITIAL OWNERSHIP OF 22% HAS BEEN INCREASED TO 26.8% THROUGH AN INJECTION OF NEW CAPITAL OF EUR 2.6 MILLION

* OWNERSHIP IS EXPECTED TO BE INCREASED SHORTLY TO 37.2% VIA A SECONDARY SHARE PURCHASE OF EUR 3.4 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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