HCA Pays $1.4B For Colorado Foundation JV

HCA Holdings is acquiring around a 40% stake of HCA-HealthONE from The Colorado Health Foundation.

HCA Holdings is acquiring around a 40% stake of HCA-HealthONE from The Colorado Health Foundation. The hospital operator will pay a total of $1.45 billion for the acquisition.

The buyer plans to finance the acquisition through amounts available under its revolving credit facility. HCA-HealthONE is a joint venture between the charitable foundation and HCA.

Click here for the release from Business Wire.

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