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Olympus invests in Chinese healthcare operator

Tendcare will use Olympus’s capital injection to continue to expand through further acquisitions and organic growth.

Olympus Capital Asia is investing $40 million in healthcare operator Tian Jian Hua Xia Medical Group Holdings, also known as Tendcare Medical Group, Private Healthcare Investor reports.

Tendcare currently runs five hospitals with a total of over 2,400 beds, four pharmacies, two medical equipment companies and 17 clinics in China. The company is also set to acquire seven more hospitals.

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