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Announced

Macquarie Asset Management to acquire Beacon Hospital.

Synopsis

Macquarie Asset Management, an asset manager, agreed to acquire Beacon Hospital, a private healthcare facility in Dublin. Financial terms were not disclosed. “Beacon Hospital has a proven track record of investment and innovation, constantly evolving our services and infrastructure to better meet the healthcare needs of our patients. The exceptional growth experienced over the past ten years is largely due to the encouragement and investment provided by the hospital’s majority shareholder, Denis O’Brien, who empowered the Board and management to grow and evolve Beacon Hospital into one of Ireland’s leading facilities today. I am very grateful for that support, as well as for the leadership of our Chair, Colm Doherty and for the dedication and guidance of the entire Board," Michael Cullen, Beacon Hospital CEO.

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