Ibersuizas said to have sold MD Anderson

The private equity firm has been in negotiations for months about an exit, as the business is believed to be making a loss and requires an urgent capital increase. Investment bank Confivendis was hired to advise the transaction.

Ibersuizas first acquired a 45% stake in the business in early 2000 in order to support its growth plans within the Iberian Peninsula.

In 2003 it teamed up with the now-extinct Inveralia to acquire up to 85% of the company's shares for €3.2m, while the rest of the equity remained in the hands of the parent company and the centre's medical team.

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