SAO PAULO (Reuters) -Brazilian hospital chain Rede D’Or said on Wednesday it had signed definitive documents to sell its stake in GSH, a firm which operates in hemotherapy and cellular therapy, to CVC Capital Partners’s George Holding. George Holding is acquiring 98.5% of GSH, including the 41% owned by Rede D’Or, in a deal valuing […]
Health
Brazil’s Rede D’Or sells its stake in GSH unit
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SAO PAULO (Reuters) -Brazilian hospital chain Rede D’Or said on Wednesday it had signed definitive documents to sell its stake in GSH, a firm which operates in hemotherapy and cellular therapy, to CVC Capital Partners’s George Holding.
George Holding is acquiring 98.5% of GSH, including the 41% owned by Rede D’Or, in a deal valuing the company at 1.59 billion reais ($271 million), subject to net debt adjustments, according to separate filings from Rede D’Or and GSH.
($1 = 5.8665 reais)
(Reporting by Andre Romani, Editing by Natalia Siniawski)