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New Deal


Announced

Warburg Pincus-backed Hygeia to acquire Suzhou Yongding Hospital from Ascendant Capital Partners for $268m.

Financials

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Transaction Value£193m
Consideration TypeCash
Capital Owned-
Capital Bid For98%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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China

Private

Single Bidder

Private Equity

Pending

Majority

hospital

Health Care Facilities

Cross Border

Acquisition

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Synopsis

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Warburg Pincus-backed Hygeia, a management consulting services company, agreed to acquire Suzhou Yongding Hospital, a private for-profit Class II general hospital in Suzhou City, Jiangsu Province, from Ascendant Capital Partners for $268m. Hygeia claims that the acquisition will further enhance its regional advantage in the Yangtze River Delta region and strengthen its brand. The deal will help Yongding to spruce up the development of its multi-disciplinary oncology diagnosis and treatment businesses.

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