Mar 14, 2012

Thailand - Bangkok Dusit Medical Services Upgrades Stake In Bumrungrad Hospital



Bangkok Dusit Medical Services PCL (BGH.TH), Asia-Pacific's second-largest listed hospital operator by revenue, said Wednesday it has bought an additional 6.05% of Bumrungrad Hospital PCL (BH.TH).

After the transaction Bangkok Dusit Medical's ownership of Bumrungrad Hospital rises to 20.28%, the company said without providing further details.

Bumrungrad Hospital said in a separate statement to the Stock Exchange of Thailand that there will be no change in its management structure or strategy following the transaction.

foxbusiness.com



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