Announced
Completed
Financials
Sources
Tags
Completed
Health Care Facilities
Minority
Cross Border
Single Bidder
Acquisition
France
nursing homes
Private
Friendly
Synopsis
BAE Systems, a firm that develops, delivers, and supports advanced defense and aerospace systems, completed a €100m ($108m) investment in Korian, a European care services group for elderly and fragile people. This new agreement confirms the group’s capability to leverage its attractive and liquid existing portfolio and to raise equity financing on a regular basis in order to match the real estate investments related to its sustained development momentum, while keeping a prudent loan to value rate.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.