Brief: MLP Sağlık Optimises Hospital Portfolio in Maltepe, Arkaz and Çanakkale

MLP Saglik Hizmetleri

18/12/2019 06:41

Dec 18 (Reuters) - MLP SAGLIK HIZMETLERI  MPARK.IS :
    * REGULATORY APPROVALS FOR TAKE-OVER OZEL MEHMET TOPRAK
HOSPITAL
IN MALTEPE, ISTANBUL AND SELLING 57% STAKE IN ARKAZ SAGLIK
HIZMETLERI HAVE BEEN COMPLETED AS OF DECEMBER 17TH, 2019
    * MLP CARE'S 80% OWNED SUBSIDIARY, SAMSUN MEDIKAL GRUP OZEL
SAGLIK
HIZMETLERI, HAS SIGNED A CONTRACT TO TAKE-OVER OZEL MEHMET
TOPRAK HOSPITAL IN MALTEPE, ISTANBUL ON DECEMBER 6TH, 2019
    * TAKE-OVER AGREEMENT CONSISTS OF ACQUISITION OF THE
HOSPITAL
LICENCE AND LONG TERM LEASE OF HOSPITAL BUILDING AND MEDICAL
EQUIPMENT
    * HOSPITAL IS CURRENTLY OPERATIONAL AND NO ADDITIONAL
CAPITAL
EXPENDITURE IS FORESEEN
    * MLP CARE HAS SOLD ITS 57% STAKE IN ARKAZ SAGLIK HIZMETLERI
(ARKAZ) WHICH INCLUDES AVCILAR, EREGLI AND SILIVRI HOSPITALS, TO
THE MINORITY SHAREHOLDER HAYATI ARKAZ FOR CASH PROCEEDS
    * ALSO AS PART OF THE TRANSACTION, ÇANAKKALE HOSPITAL IS
SPUN OFF
FROM ARKAZ AND MLP CARE HAS ACQUIRED THE REMAINING 43% STAKE IN
ÇANAKKALE HOSPITAL AND ITS OWNERSHIP INCREASES TO 100%

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA196JPc
    
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