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Sale of BUPA Hospitals approved

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.

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Sale of BUPA Hospitals approved
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