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Greece’s Hygeia buys Cyprus’ Evangelismos February 13, 2008

Posted by grhomeboy in Business & Economy, Health & Fitness.
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Greek medical center Hygeia said yesterday it agreed to fully acquire Evangelismos maternity clinic in Cyprus for 7.58 million euros ($11.01 million), as part of its expansion strategy.

The clinic owns 60 percent of private, 71-bed Evangelismos hospital in Paphos, built in 2003. The deal will be finalized after the completion of due diligence and the approval of the island’s competition commission.

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