Brief: Medical Properties Trust Announces Prospect’s Binding Agreement To Sell Managed Care Business To Astrana Health

Astrana Health

08/11/2024 13:35

Nov 8 (Reuters) - Medical Properties Trust Inc  MPW.N :
    * MEDICAL PROPERTIES TRUST ANNOUNCES PROSPECT’S BINDING
AGREEMENT
TO SELL MANAGED CARE BUSINESS TO ASTRANA HEALTH
    * MEDICAL PROPERTIES TRUST INC - EXPECTS $200 MILLION IN
CASH
PROCEEDS
    * MEDICAL PROPERTIES TRUST INC - ASTRANA HEALTH TO PURCHASE
PROSPECT'S MANAGED CARE PLATFORM FOR $745 MILLION
    * MEDICAL PROPERTIES TRUST INC - MAJORITY OF CASH EXPECTED
IN
FIRST HALF OF 2025

Source text:  ID:nBw7XC9hLa 
Further company coverage:  MPW.N 

 (Reuters.Briefs@thomsonreuters.com)