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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).

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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.

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