December 5 (SeeNews) - Romania's anti-trust authority, the Competition Council, said on Monday it has approved the agreed takeover of Romanian oncology hospital Monza by Turkish healthcare services provider Istanbul Memorial.
The anti-trust body’s analysis showed that the acquisition poses no significant threats to the national market and that there are no serious doubts regarding its compatibility with a regular competition environment, it said in a press release.
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Istanbul Memorial is a healthcare provider which operates multiple hospitals in Turkey. The company is owned by the Aydin family, which is active in multiple areas of business, such as healthcare, retail, manufacturing and marketing.
The Monza oncology hospital was opened in Bucharest by the Italian Monza Group. The hospital boasts six operation rooms and has a capacity of 104 beds. The hospital is one of the three medical units opened by the Italian group in Romania.
(1 euro=4.9297 lei)