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Announced

Cano Health to acquire University Health Care for $600m.

Financials

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Transaction Value£425m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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medical provider

Domestic

Medical Services

Single Bidder

United States

Acquisition

Majority

Friendly

Pending

Private

Synopsis

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Cano Health, a value-based primary care provider for seniors and underserved communities, agreed to acquire University Health Care, a private medical provider dedicated to comprehensive, dependable medical services in local communities, for $600m. "This transaction is a significant step forward for Cano Health and our patients, as it will allow us to bring our brand of affordable, high quality primary care to more patients in the Florida market and accelerate Cano Health's profitable growth," Marlow Hernandez, Cano Health Co-Founder, Chairman and CEO.

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