Gilde Healthcare, through its private equity fund, has acquired a majority stake in Physio CKI, a Cologne-based group of physiotherapy practices providing of high-quality services in the Rhineland metropolitan area, from Germany-based Kapital 1852. Founder and managing director Chaled Qarizada retains a significant stake in the company and remains...
Broadwood Partners, which owns 30.2% of STAAR’s shares, is recommending shareholders vote against a proposed takeover by Six-listed Alcon for a total equity value of approximately US$1.6bn.
Earlier in December, Alcon, the largest eye care device company in the world, entered into an amended merger agreement with the board of STAAR, the designer, developer and manufacturer of implantable lenses for the eye, for an amended US$30.75 per share.
Broadwood has issues a letter recommending investors vote against the proposed acquisition, believing that, with inventories normalising in China and new products being launched, there is a clear...