Bank of Georgia’s healthcare unit plans London debut

October 12, 2015

Via: itCurated

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Georgia Healthcare Group Plc, a unit of Bank of Georgia Holdings Plc, said it intended to raise $100 million via an initial public offering in London, as investor appetite for health-related offerings grows.

Georgia Healthcare, the largest healthcare services provider in Georgia, said it would use the net proceeds to renovate and develop recently bought healthcare facilities, fund expansion plans and reduce debt.