Tenet Healthcare to acquire portfolio of 45 ambulatory surgery centers for $1.1 billion in cash
Tenet Healthcare Corp. THC, +2.31% said Thursday it has agreed to acquire a portfolio of up to 45 ambulatory surgery centers from SurgCenter Development for $1.1 billion in cash, plus the assumption of $18 million of debt. The centers will be operated by Tenets United Surgical Partners International unit, which will own up to 60% of each center. The deal is expected to close by year-end. The deal "will enhance our overall business mix and further diversify our earnings profile ...
Ron Rittenmeyer Tenet Healthcare Corp Surgcenter Development Tenet United Surgical Partners International Tenet Healthcare United Surgical Partners International
Source: marketwatch.com