Hygeia

MIG announced that it received a binding offer from “Hellenic Healthcare S.A R.L.” (controlled by CVC Capital Partners) for the sale of its participation in Hygeia (70.38% or for c. 215.2 shares) at EUR 0.92/share. The consideration thus amounts to c. EUR 198m, valuating the firm at EUR 281.3m. The offer price represents a 9.4% premium over Friday’s closing price and a 4.5% over yesterday’s price.  MIG said also that its ExCo and BoD unanimously considered the above offer as ‘satisfactory’, adding that they expect the agreement to conclude by June 30, subject to shareholders approval.

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