Chile: Carlyle Group makes new offer for EMV – Founders ask for vote to be delayed
US-based investors The Carlyle Group have been outed as interested parties in snatching up the assets of healthcare chain Isapre-Masvida, creating a rift within the latter’s board, which was in advanced talks with rival Nexus.
Carlyle Group, which owns local companies Doggis, Juan Maestro and Mamut, has said it will formally communicate their offer to EMV’s directors, seeking to take over Masvida, Isapre and the entirety of their passive and active assets and clinics, with a value estimated at $150 bn pesos (approx. $232.4 million US), to be paid in cash.
The proposal arrives at a tense time for EMV’s board, which is divided over those who have pushed for the Nexus deal and board members from the Concepción region, who have not looked kindly on Nexus’ offer. This partly due to what they consider a low offer of $35 bn ($54 million US) for the Mas Vida affiliates portfolio, as well as for the short timetable and tight deadline given to respond and study the offer.
Full Content: Pulso
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
NFL Antitrust Verdict Amounts to $4.7 Billion in ‘Sunday Ticket’ Case
Jul 4, 2024 by
CPI
German Competition Regulator Fines AVM EUR 16 Million for Price-Fixing Scheme
Jul 4, 2024 by
CPI
UK’s CMA Director Returns to Cleary Gottlieb as Antitrust Partner
Jul 4, 2024 by
CPI
Canada’s Competition Bureau to Expedite Guidance on Anti-Greenwashing Rules
Jul 4, 2024 by
CPI
Top Lawyers Face Off in Tempur Sealy’s Bid for Mattress Firm
Jul 4, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Private Equity Roll-Up Schemes
Jun 28, 2024 by
CPI
The FTC’s Focus on Private Equity is Warranted
Jun 28, 2024 by
CPI
Unraveling the Roll-Up: Private Equity’s Misunderstood Investment Strategy
Jun 28, 2024 by
CPI
Antitrust Focus on Private Equity Funds and Serial Acquisitions
Jun 28, 2024 by
CPI
Private Equity Roll-Ups Amidst Heightened Antitrust Enforcement
Jun 28, 2024 by
CPI