Reale Mutua acquires majority stake in Italian healthcare group Lifenet from Exor and founder
Reale Mutua is buying 80 percent of Lifenet Healthcare from Exor and its founder in a 600 million euro deal. The group expects revenues to exceed 450 million.
Insights:
Exor and Nicola Bedin, the founder of Lifenet Healthcare, have agreed to sell the Italian private clinics and diagnostics group Lifenet to the insurer Reale Mutua (Reale Group). Under the terms of the announced agreement, Reale Mutua will acquire an 80% ownership stake in the company, while the founder will retain a 20% interest through his holding company, Invin.
