March 8 (SeeNews) - Romanian privately-owned medical services group MedLife [BSE:M] said that it has completed the purchase of the full shareholding package of Bucharest-based Veridia Medical Center, also known as Basarab Medical Center.
Through this acquisition, MedLife is consolidating its position in the capital and among clinics that offer medical services subsidised by the National Health Insurance House, it said in a statement filled with the Bucharest Stock Exchange, BVB, on Friday.
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The value of the deal was not disclosed.
Veridia Medical Center has been operating on the local private medical services market for 17 years. It incorporates 20 units providing specialised medical services, general medicine consultations, paraclinical investigations, various treatments and minor surgeries.
Since the beginning of September, Veridia has a partnership with the Public Health Directorate for RT-PCR testing, designed to detect the SARS-CoV-2 virus. Veridia's molecular biology laboratory has a capacity to process 400 samples per day.
MedLife's shares traded 1.08% higher at 9.38 lei on the Bucharest Stock Exchange as at 0905 CET on Monday.
(1 euro= 4.8831 lei)