Announced
Completed
Financials
Tags
Health Care Services
Majority
Georgia
Friendly
Public
healthcare services
Acquisition
Single Bidder
Medical Services
Private Equity
Tender Offer
Completed
Synopsis
Georgia Capital, an asset manager, completed the acquisition of Georgia Healthcare Group, a provider of healthcare services and medical insurance. GHG shareholders would receive 1 share in GCAP for every 5 shares of GHG held. "I am pleased to announce the Offer for Georgia Healthcare Group Shares. The board believes Georgia Healthcare Group represents an attractive and unique opportunity to participate in the continued profitable growth of the healthcare sector in Georgia. We believe an investment in Georgia Capital is an attractive way for Georgia Healthcare Group investors to retain exposure to the Georgian healthcare sector, while also gaining exposure to the wider Georgian economy and having the opportunity to participate in further growth and share in the significant benefits of an enlarged Georgia Capital," Irakli Gilauri, Georgia Capital Chair and CEO.
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