Brazil's Hapvida plans to acquire smaller rival Sao Jose - filing
SAO PAULO, July 15 (Reuters) - Brazilian healthcare company Hapvida HAPV3.SA has reached an agreement to acquire a 85.71% stake in the smaller rival Sao Jose for 320 million reais ($59.62 million), according to a filing on Wednesday.
Sao Jose, with 51,000 clients in the Brazilian state of Sao Paulo, owns two hospitals.
($1 = 5.3674 reais)
(Reporting by Carolina Mandl, Editing by Louise Heavens)
((firstname.lastname@example.org; +55 11 5644 7703; +55 11 97116-3806;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Latest Markets Videos
- White House says Walmart, FedEx, UPS to work 24/7 to ease supply bottlenecks for holiday season
- Chinese online brokers Futu and UP Fintech face regulatory risks - People's Daily website
- September, Third Quarter 2021 Review and Outlook
- PRECIOUS-Gold eases as inflation data fans policy tightening bets