CVC To Buy Capio Unit For €900M

European healthcare provider, Capio, will sell its Spanish private healthcare division to CVC Capital Partners.

European healthcare provider, Capio, will sell its Spanish private healthcare division to CVC Capital Partners, Reuters reports. The U.K. private equity firm will pay a total of €900 million for the acquisition.

CVC is seeking to regain control of the healthcare company, which it sold to Capio for €330 million in 2005. The transaction, which is awaiting regulatory approvals, is expected to be completed later in January.

Click here for the story from Reuters.