Apr
28

Carlyle Takes Stake in Brazilian Hospital Operator

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RIO DE JANEIRO — The Carlyle Group has obtained a minority stake in a hospital operator, Rede D’Or São Luiz, for 1.75 billion reais or $603 million, its first private equity investment in Brazil since 2012.

Carlyle will receive an 8.3 percent stake in Rede D’Or, said two people briefed on the deal. After the transaction, the family of the company’s founder, Dr. Jorge Moll, will own 68.2 percent and remain the controlling shareholder, while the private equity arm of the Brazilian investment bank BTG Pactual will have a 23.5 percent stake.

The deal gives Rede d’Or, founded in 1977 in Rio de Janeiro, a valuation of 19.6 billion reais, or $6.8 billion, according to one of the two people briefed on the deal…

Carlyle Takes Stake in Brazilian Hospital Operator

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