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
