Planned sale of Mater Private is called off

South African bid was put at €500m

21st June, 2015

The planned sale of the Mater Private to a South African healthcare company has been called off at a late stage, The Sunday Business Post understands.

NetCare, a major South African hospital, clinic and pharmacy owner was bidding in the region of €500 million for the Dublin hospital, where Seamus Fitzpatrick’s CapVest and beef magnate Larry Goodman are investors. Investec was advising NetCare.

Advanced discussions about the acquisition had been held in recent...

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