US health giant snaps up Cygnet

US health giant Universal Health Services (UHS) has acquired Cygnet Health Care for approximately £205m.The New York Stock Exchange listed company is understood to have fended off stiff competition from Priory and investment firm Weight Partners Capital to secure the deal. The purchase price represents 8.6 times EBITDAR of £23.8m for the year ended Oct…

Membership Required

You must be a HM Subscriber to view this content.

Subscribe Now »

Already have an account?