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PSP Group Confirms Negotiations Regarding Purchasing of GEO Hospitals

PSP Group today confirmed it intends to purchase the network of GEO Hospital clinics.

“Over the past 6 months, intensive negotiations have been held with GEO Hospitals management. We are considering acquisition of clinics existing in the GEO Hospitals network for EUR 20 million and we will provide more details about this matter to the public in the near future,” the PSP Group stated.

GEO Hospitals is a network of clinics which was founded in 2011. The clinics are located in 5 regions of Georgia: Kvemo Kartli, Imereti, Mtskhtea-mtianeti, Samtskhe-Javakheti and Kakheti.

14 May 2019 12:53