Six months of negotiations, ten people involved in the finalstage, several thousand "papers". These are some of the features ofthe deal whereby private medical services operator Centrul MedicalUnirea (CMU) took over Euroclinic Hospital & Medical Centersfrom financial group Eureko. The transaction signed at 6 AM onThursday has yet to be confirmed by either of the two parties.
Euroclinic, the first private hospital in Romania, inauguratedin 2005 after an over 14 million-euro investment, was handed overto the competitors after the owner's second attempt, with thehospital having less than 10 "suitors" in 2010. Wargha Enayati, CMUfounder, who now has a 20% stake left, says after selling to Adventat the beginning of the year, he has shown willingness to take overEuroclinic right away.
Only then did the Eureko group start evaluation procedures for thecompany and pursued prospective investors. According to existinginformation, MedLife and Medicover were also at the negotiationtable.
As for the Euroclinic brand, Wargha Enayati said it would beretained, at least "for now".
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