Reale Group to acquire an 80% stake in Lifenet Healthcare from Exor.

Reale Group, a provider of insurance, banking and real estate services, agreed to acquire an 80% stake in Lifenet Healthcare, a healthcare group comprising accredited private hospitals, surgical centers, diagnostic clinics, and ophthalmology and dental clinics, from Exor, a diversified holding company. Financial terms were not disclosed. The structure of the transaction reflects the parties' desire to build a long-term industrial partnership, based on a shared vision of strategic development in the healthcare sector, while ensuring management continuity.