Rede D'Or acquires hospital in Alagoas

Rede D'Or acquires hospital in Alagoas

M&A Bonds Debt Fixed Income Brazil Capital Markets Healthcare Hospitals

Brazilian healthcare group Rede D'Or São Luiz said it has agreed to spend BRL372 million ($66.2 million) to buy Hospital Arthur Ramos in Maceió, the state capital of Alagoas. Hospital Arthur Ramos is expected to post BRL39 million in EBITDA in the 12 months after the acquisition "with the appropriation of part of synergies generated by Rede D'Or," the São Paulo-based hospital network said in a securities filing on Wednesday. The hospital in Maceió has 174 beds with plans to expand to a total of

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