Nephrocare Unit To Acquire Dialysis Center Assets in Philippines
Nephrocare Health Services (NSE:NEPHROPLUS, BOM:544647) said its overseas step-down wholly owned subsidiary, Nephrocare Health Care Services Philippines, has entered into an asset transfer agreement to acquire assets related to a dialysis center in Parañaque City, Philippines, according to a filing.The assets are being acquired from Amica Healthcare System for a consideration of 32.6 million Philippine pesos, the filing said.The transaction covers identified assets of a dialysis center located in Dona Soledad, Don Bosco, Parañaque City, the company said.