Blackstone circles Spanish hospital chain
Blackstone is one of several private equity firms intrigued by the imminent sale of nine Spanish hospitals by a subsidiary of savings bank La Caixa.
The US investor is in talks to back Gabriel Masfurroll, the former chairman of USP Hospitales, in buying out the chain from VidaCaixa Adeslas, which is owned by the Criteria holding company and insurance firm Mutua Madrileña.
Other private equity players who have expressed an interest include 3i, which sold shipbuilder and repairer Nova Rodman several months ago, Advent, BC Partners, Magnum, Ibersuizas, Mercapital, GED, Proa Capital and Ysios.
The hospitals, which are expected to be sold as a package, are located in Madrid, Alicante, Almeria, Granada, Malaga, Vigo, Vitoria, Lleida, Tenerife and Gran Canaria.
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