Priory clinics sold for €1.3bn

A chain of clinics famous for helping celebrities overcome their addictions was sold today in a deal valuing the business at £875m (€1.3bn).

Priory clinics sold for €1.3bn
Tue, 05 Jul, 2005 - 09:22

A chain of clinics famous for helping celebrities overcome their addictions was sold today in a deal valuing the business at £875m (€1.3bn).

Priory Group, which has more than1,800 beds in 42 locations, has been sold by private equity firm Doughty Hanson, three years after it acquired the company.

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CourtsBusinessHeathrowPlace: UKPlace: RoehamptonPlace: Ticehurst HousePlace: WadhurstPlace: East SussexPlace: CaliforniaPlace: Bromley, south-east LondonPerson: DoughtyPerson: Chai PatelPerson: DrPerson: PatelOrganisation: PrioryOrganisation: Priory GroupOrganisation: Doughty HansonOrganisation: ABN AmroOrganisation: Community Psychiatric CentresOrganisation: Priory HealthcareOrganisation: Westminster Health Care
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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