Brief: Medicover To Exit Hungarian Market
20/12/2024 15:31
Dec 20 (Reuters) - Medicover AB MCOVb.ST :
* DECIDES TO EXIT HUNGARIAN MARKET AND DISPOSES OF ITS INSURANCE OPERATIONS IN HUNGARY
* WILL ALSO TERMINATE ITS BRAND LICENSING USED WITH HUNGARIAN PARTNER CLINICS PROVIDING
SERVICES
TO MEMBERS
* DISPOSAL OF BUSINESS WILL NOT HAVE ANY MATERIAL IMPACT ON NET PROFITS
Source text: ID:nWkrbNcLFr
Further company coverage: MCOVb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
Recent news on Medicover AB
See all newsSweden's Medicover Q3 profit rises 29% on price adjustments and wider network; to focus on Europe
Brief: Medicover Reports Q3 EBIT Of €49.3 Million
Medicover India hospitals to be profitable in 18 months, eyes 20-25% margins (updated)
Medicover India's 25 hospitals to be profitable in 18 months, executive says
Brief: Medicover Board Member Acquires Shares Worth SEK 23 Mln In Company