Two top Healthcare IPOs Supported by Frost & Sullivan in 2012

Two top Healthcare IPOs Supported by Frost & Sullivan in 2012 PR Newswire LONDON, Dec. 13, 2012 - The growth consulting company has helped MD Medical Group's listing in London , after assisting IHH Healthcare LONDON, Dec. 13, 2012 /PRNewswire/ -- Frost & Sullivan has supported the initial public offering of MD Medical Group (MDMG) on the London Stock Exchange (LSE) in the largest European IPO in the healthcare service space this year. Earlier, Frost & Sullivan assisted IHH Healthcare with its US$2 billion IPO – the fourth largest IPO globally in 2012, in Singapore and Kuala Lumpur. Additionally, Frost & Sullivan supported the Malaysian palm oil producer, Felda Global Ventures (US$3.2 billion), the third largest IPO this year, after Facebook and Japan Airlines. MD Medical Group (MDMG) operates in the highly attractive Russian private healthcare service market, and has a leading position in high-quality women's health and paediatrics. The company manages ten modern healthcare facilities, including two hospitals and eight outpatient clinics in Moscow, St. Petersburg, Ufa and Perm. Also, MDMG operates two franchised outpatient clinics operate in Kyiv and one in Irkutsk. MDMG raised US$ 289 million in the IPO which valued the company at US$ 901 million. Deutsche Bank and JP Morgan acted as Joint Global Coordinators and Joint Book Runners in connection with the transaction.