.
MergerLinks Header Logo

Announced

Prospect Medical to acquire three Connecticut hospitals from Medical Properties Trust for $457m.

Financials

Edit Data
Transaction Value£402m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Single Bidder

Private

Health Care Facilities

Friendly

hospital operator

Domestic

Real Estate

Acquisition

Pending

Majority

Synopsis

Edit

Prospect Medical, a firm offering healthcare and physician services, agreed to acquire three Connecticut hospitals from Medical Properties Trust, a healthcare facility REIT, for $457m. MPT presently plans to utilize proceeds from the transaction to reduce debt and to fund select acquisition and other investment opportunities.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US