News : SHL Telemedicine to Acquire GPH Cordiva
Tel Aviv, Israel and Zurich, March 23, 2015 --- SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN), a provider and developer of personal telemedicine solutions, announces that it has signed a definitive agreement to acquire GPH (Gesellschaft fur Patientenhilfe), based in Munich.
SHL expects to finance the transaction through a combination of existing cash and new debt. The transaction is expected to close within a short time-frame.
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About SHL Telemedicine:
SHL Telemedicine is engaged in developing and marketing personal telemedicine systems and the provision of medical call center services, with a focus on cardiovascular and related diseases, to end users and to the healthcare community. SHL Telemedicine offers its services and personal telemedicine devices to subscribers utilizing telephonic and Internet communication technology. The Company operates in Israel, Germany, India and the United States in one business segment, Telemedicine services.
Published: Thursday, March 26, 2015