Basel Medical Group Acquires Bethesda Medical for $6.5 Million

Reuters
2026.01.21 13:20
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Basel Medical Group Pte. Ltd., a subsidiary of Basel Medical Group Ltd (Nasdaq: BMGL), has acquired Bethesda Medical Pte. Ltd. for $6.5 million. The acquisition, completed on April 30, 2025, involved waiving a previously arranged deferred consideration of $1.5 million. Bethesda Medical is now a wholly owned indirect subsidiary of Basel Medical Group Ltd.