Deal Snapshot
APOLLO MEDICAL HOLDINGS ACQUIRES 50% STAKE IN LOS ANGELES FRENCH HOSPITAL FOR USD 17M
Wednesday 11 July 2018

US-based Network Medical Management (NMM) and Allied Pacific of California, affiliates of California, US-based population health management company Apollo Medical Holdings, Inc. (NASDAQ: AMEH), have acquired a 50% ownership stake in Los Angeles-based French Hospital for USD 17m, the company said.
ApolloMed partnered on the acquisition with AHMC Healthcare, which operates seven hospitals in Los Angeles County and Orange County. The total cost of the 2.5-acre, 90,000-square foot facility was USD 33m.


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Details
Date Published: 11/07/2018
Target: French Hospital/50% stake
Country: USA
Deal Size: 17m (USD)
Sector: Healthcare
Type: JV
Financing: Cash
Status: Closed
Vendor:
Buyer: Network Medical Management, Allied Pacific of California
Comment:


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