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New Deal


Announced

Hapvida to merge with Notre Dame Intermédica in a $9.6bn deal.

Financials

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Transaction Value£6,901m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Public

health insurance services

Friendly

Domestic

Brazil

Single Bidder

Merger

Majority

Life Insurance

Private Equity

Synopsis

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Hapvida, a health and dental care company, agreed to merge with Notre Dame Intermédica, a health insurance services provider, in a $9.6bn deal.For 1 share, Notre Dame shareholders will receive 5.2490 shares of Hapvida and $1.16 in cash. Upon completion, Hapvida will own 53.6% of the combined company.

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