Deals Rumor Mill: Quiron, Televisa, Green Street Advisors
By Chelsea Naso ( July 9, 2014, 2:03 PM EDT) -- Bankers are said to be lining up two separate debt financing packages worth a combined total of €3.2 billion ($4.36 billion) to back the acquisitions of health care firms Quiron and Generale de Sante, sources told Reuters on Wednesday. CVC Capital Partners is buying a 61 percent stake in Spanish hospital group Quiron from fellow private equity firm Doughty Hanson and plans to merge it with Spanish medical group IDCsalud, which CVC has owned since 2011. BNP Paribas, JP Morgan and UniCredit are said to be providing a €2.15 billion leveraged loan financing to back the deal. At the same time, Australia's Ramsay Health Care and Credit Agricole Assurances are buying a majority stake in French private health care group General de Sante. Barclays, BNP Paribas, Credit Agricole, Deutsche Bank and Natixis are leading the debt financing, which includes a €500 million term loan for institutional investors, the report said....
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