Agra hospital group for INR 245 crore vs a UK diagnostics distributor for £12.9M cash. which one looks better?
two healthcare deals, one real difference. Park Medi World agreed to buy 100% of two entities that run KP Institute of Medical Sciences in Agra for INR 245 crore aggregate. Avacta sold Launch Diagnostics, a UK in-vitro diagnostics distributor with £17.9M revenue in 2023, for £12.9M cash to Duomed Belgium (Palex group), and said the money funds its therapeutics work. so on one side the buyer is paying to own hospitals, on the other the seller is selling a distribution business because it needs the cash for something else. I can't say which price is better, I didn't find enough to compare them on the same basis and I'm not going to pretend I can. if you had to follow one of the two, which and why?