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Mediclinic Group
Mediclinic Group, founded in 1983, is an international private hospital group with operations in South Africa, Namibia, Switzerland, and the United Arab Emirates. The company is headquartered in Stellenbosch, in the Western Cape province of South Africa. It has been listed on the JSE, the South African securities exchange, since 1986. It was listed on the London Stock Exchange until it was acquired by a South African consortium which included Remgro and Mediterranean Shipping Company in May 2023. History Mediclinic was founded in 1983 in Stellenbosch, South Africa when Dr Edwin Hertzog, was commissioned by the then Rembrandt Group (now Remgro Group) to undertake a feasibility study on how profitable private hospitals could be. Three years later Mediclinic, running four hospitals in commission and three hospitals under construction, listed on the JSE, the South African stock exchange in 1986. In 2006, Mediclinic reached agreement to acquire a controlling interest in Emirates He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Stellenbosch
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Health Care Companies Of South Africa
Health has a variety of definitions, which have been used for different purposes over time. In general, it refers to physical and emotional well-being, especially that associated with normal functioning of the human body, absent of disease, pain (including mental pain), or injury. Health can be promoted by encouraging healthful activities, such as regular physical exercise and adequate sleep, and by reducing or avoiding unhealthful activities or situations, such as smoking or excessive stress. Some factors affecting health are due to individual choices, such as whether to engage in a high-risk behavior, while others are due to structural causes, such as whether the society is arranged in a way that makes it easier or harder for people to get necessary healthcare services. Still, other factors are beyond both individual and group choices, such as genetic disorders. History The meaning of health has evolved over time. In keeping with the biomedical perspective, early definit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Reserve Bank
The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought. The SARB was only the fourth central bank established outside the United Kingdom and Europe, the others being the Federal Reserve, Bank of Japan and Bank of Java. The earliest suggestions for the establishment of the Central Bank in South Africa date back to 1879. A select committee, of ten members of Parliament, was established on 31 March 1920 to examine the benefits to the national interest of the establishing of the central bank. Following on the recommendations of the committee, the South African Reserve Bank opened for business on 30 June 1921, making it the oldest central bank in Africa. The first banknotes were issued to the public by the Bank on 19 April 1922. Unlike the Bank of England, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wouter Basson
Wouter Basson (born 6 July 1950) is a South African cardiologist and former head of the country's secret chemical and biological warfare project, Project Coast, during the apartheid era. Nicknamed "Dr Death" by the press for his alleged actions in apartheid South Africa, Basson was acquitted in 2002 of 67 charges, after having been suspended from his military post with full pay in 1999. Among other charges, Basson was alleged to have supplied a "lethal triple cocktail" of powerful muscle relaxants which were used during Operation Duel whose objective was the systematic elimination of SWAPO prisoners of war and SADF members who posed a threat to South African covert operations. The United Nations report "Project Coast: Apartheid's Chemical and Biological Warfare Programme." identifies the triple cocktail as ketamine, succinylcholine, and tubocurarine. Basson was accused of murder, including the killings of hundreds of soldiers from SWAPO who were drugged and then pushed out ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Coast
Project Coast was a top-secret chemical and biological weapons (CBW) programme instituted by the apartheid-era government of South Africa in the 1980s. Project Coast was the successor to a limited postwar CBW programme, which mainly produced the lethal agents CX powder and mustard gas, as well as non-lethal tear gas for riot control purposes. The programme was headed by the cardiologist Wouter Basson, who was also the personal physician of South African Prime Minister P. W. Botha. History From 1975 onwards, the South African Defence Force (SADF) found itself embroiled in conventional battles in Angola as a result of the South African Border War. The perception that its enemies had access to battlefield chemical and biological weapons (CBW) led South Africa to begin expanding its programme, initially as a defensive measure and by researching vaccines. As the years went on, research shifted to offensive uses. In 1981, Botha ordered the SADF to develop CBW technology for use again ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inga Beale
Dame Inga Kristine Beale, DBE (born 15 May 1963) is a British businesswoman and the former CEO of Lloyd's of London from 2013 to 2018. She is a trustee of the International Panel on the Information Environment and has been the president of The British-Swiss Chamber of Commerce since February 2022. Early life and education Beale is the second child of an English father and a Norwegian mother. She studied economics and accounting at Newbury College, Berkshire. Career Beale started her career in 1982 at Prudential Assurance Company in London. She trained as an underwriter, specialising in international treaty reinsurance. The industry was composed predominantly of men at the time; she once took issue with posters in the office depicting half-naked women, only to have her colleagues plaster them across her computer and chair. She took a year off in 1989, cycling in Australia and backpacking in Asia. She left Prudential in 1992 to work as an underwriter in General Electric's in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Noor Hospitals
Al Noor Hospitals Group plc was a business operating medical-surgical facilities located in Abu Dhabi City, United Arab Emirates. The company transformed healthcare in Abu Dhabi under the leadership of Dr Kassem Alom and Sheikh Mohammed Bin Butti and for many years the company was the largest healthcare operator in Abu Dhabi: it had a market share of 39% at the time of its initial public offering. It also provided support for several major humanitarian operations in the region including relief for the victims of Bam earthquake in southern Iran in 2003 and setting up the Emirates International Humanitarian Mobile Hospital in the remote town of Juba in southern Sudan in 2009. It was listed on the London Stock Exchange until it merged with Mediclinic International in a transaction which valued Al Noor Hospitals at £1.4 billion (US$2.1 billion) in February 2016. History The company was first established as an eight-bed operation on Hamdam Street in Abu Dhabi by Dr Kassem Alom and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of a private company purchase control of a public shell company/ SPAC, and then merge it with the private company. The publicly traded corporation is called a "shell," since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spire Healthcare
Spire Healthcare Group plc is the second-largest provider of private healthcare in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Spire Healthcare was formed from the sale of Bupa, Bupa Hospitals to Cinven in 2007, followed by the purchase of Classic Hospitals and Thames Valley Hospital in 2008. It was the subject of an initial public offering in July 2014. Facilities Spire Healthcare operates a network of 38 private hospitals and ten clinics across the UK, as well as the London Fertility Centre. In December 2022, it was announced Spire had acquired The Doctors Clinic Group, an occupational health services provider with over 700 corporate clients and operating 22 private GP clinics in the United Kingdom, UK. Ian Paterson Ian Paterson, a breast surgeon who worked at Bupa hospitals in Solihull and Sutton Coldfield, latterly run by Spire Healthcare, was convicted of 17 counts of wounding with intent to cause grie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hirslanden Private Hospital Group
The Hirslanden Group is the largest medical network in Switzerland. The group operates 17 hospitals in 10 cantons, many of which have an emergency department. It also operates 5 day case clinics, 19 radiology and 6 radiotherapy institutes. As of 31 march 2024, the group has 2 651 partner doctors and 10 565 employees (excl. doctors). As of 31 march 2024, the group treated 112 008 patients for a total of 446 623 inpatient days. The patient mix consisted of 52.1% patients with basic insurance, 27.3% with semi-private insurance and 20.6% with private insurance. Location of the different hospitals History The name ''Hirslanden'' comes from the Klinik Hirslanden in Zurich opened in 1932 and was at that time located in the Hirslanden district (today Weinegg). The Hirslanden Group was launched in early July 1990 by merging the Hirslanden Klinik with four hospitals then owned by the AMI Group (American Medical International): Klinik '' Im Schachen'' in Aarau (opened in 1988), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
