trending Market Intelligence /marketintelligence/en/news-insights/trending/uki4j62gjteebwbcmxcsbq2 content esgSubNav
In This List

Terveystalo to acquire Attendo's Finnish healthcare operations

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise


Terveystalo to acquire Attendo's Finnish healthcare operations

Helsinki-based healthcare services company Terveystalo Oyj agreed to acquire Attendo AB's Finnish healthcare operations.

The transaction has an enterprise value of €233 million in cash. The deal will improve Terveystalo's services to the public sector.

Attendo's Finnish healthcare operations include primary care, specialist care, staffing and dental clinics, generating €235 million in 2017 revenue.

The acquisition is expected to be completed in late 2018, pending approval from the Finnish Competition and Consumer Authority. Terveystalo says the deal is expected to be EPS-accretive from the first full year following completion.

Skandinaviska Enskilda Banken AB (publ) Helsinki Branch is the financial adviser for the deal, while Avance Attorneys Ltd. is the legal adviser.