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Sale of BUPA Hospitals approved

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European Union antitrust regulators have approved the proposed sale of Bupa's British hospital division to Cinven Ltd., a private equity firm also based in Britain.

 

In a statement, the European Commission said the deal would not significantly impede effective competition in EU markets.

 

Bupa is selling all 25 British hospitals for £1.44 billion to focus on the insurance business.

 

© Adfero Ltd

 

Private hospital news : 23/08/2007

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