The transaction for the acquisition by MD Medical Group of the IDK Medical Company clinics' network in the Region of Samara (Russia) has been closed

15.05.2013 GLN Moscow acted as legal advisor to MD Medical Group, the group of companies operating the Mother and Child chain of clinics, the leading provider of healthcare services in Russia, in the acquisition of the IDK Medical Company network of women’s and children’s health clinics in the Russian region of Samara (please refer to our previous press-release: http://www.gide.com/front/en/actualites/communique_details_moc_md_medicalgroup_03_13.htm). 

On 26 April 2013, less than two months after the signing of the transaction documents, all the conditions precedent required for the closure of the transaction were met, and the transaction was successfully closed. MD Medical Group has a leading position in high-quality women’s health and paediatrics on the Russian private healthcare service market. The company manages two hospitals and eight outpatient clinics in Moscow, St. Petersburg, Ufa and Perm. Last year MD Medical Group successfully completed an IPO, which has become the first Russian IPO in the industry. The GLN Moscow team headed by Boris Arkipov, Head of M&A and Corporate, and including Alexander Akhmetbekov and Snezhana Sharova, assisted the client in structuring the transaction and drafting and negotiating the transaction documents. 

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