World Bank, investment fund could exit Romanian healthcare group Medlife

The International Finance Corporation (IFC), World Bank’s investment arm, and investment fund Value4Capital could exit from the healthcare group Medlife. They together own a 49% stake in Medlife. The package is worth over EUR 50 million, according to market sources, cited by local M&A journal Mirsanu.ro. The IFC might be interested in selling its 12.5% stake in Medlife, as investment fund Value4Capital had already started the exit procedures. The 36.25% stake Value4Capital has in Medlife is worth some EUR 40 million, according to estimates. IFC representatives have not made any comment. Romanian healthcare operator MedLife targets EUR 100 mln turnover in 2015 editor@romania-insider.com