A fund backed by the Czech finance minister has bought a 51% stake in an Irish fertility business.
Keane has sold a 51% stake in ReproMed to FutureLife, a healthcare group owned by investment fund Hartenberg Holding, which is backed by Czech finance minister Andrej Babiš and business partner Jozef Janov. The amount paid for the 51pc stake was not disclosed.
FutureLife owns 15 fertility clinics in the Czech Republic, Slovakia and the UK.
Demand for IVF services is rising as people increasingly delay having children.
