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Medi-Clinic Seeks Management Contracts, Business Report Says

Medi-Clinic Corp. is seeking contracts to manage hospitals outside South Africa because it has too much debt to make further acqusitions, Business Report said, citing Edwin Hertzog, the company’s chairman.

The company is in advanced negotiations in locations including Abu Dhabi and may agree contracts within months, the Johannesburg-based newspaper said, citing Hertzog.

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