POST Online Media Lite Edition



 

Acadia to sell UK unit for $1.47 billion to Waterland Private Equity

Christian Fernsby |
Acadia Healthcare Company said it would sell its UK unit The Priory Group to Waterland Private Equity for about 1.08 billion pounds ($1.47 billion).

Article continues below



Topics: ACADIA   

The company said it expects proceeds of about $1.35 billion from the sale, with the amount set to be used for paying down debt.

Acadia said it expects the deal to close in January.


What to read next

Toshiba to sell medical unit to Canon for $6.1 billion
25 tons of smoked sausage recalled
ConocoPhillips to sell Nigerian business for $1.79 billion