|Bid||71.08 x 1900|
|Ask||71.60 x 20000|
|Day's range||98.20 - 99.56|
|52-week range||70.36 - 103.80|
|PE ratio (TTM)||N/A|
|Earnings date||26 Sep 2017|
|Dividend & yield||0.00 (0.00%)|
|1y target est||105.55|
French nursing home operators Korian and DomusVi are bidding for German peer Casa Reha as they seek to increase their presence in Europe's biggest economy, people familiar with the matter said. Casa Reha has annual earnings before interest, tax, depreciation, and amortisation of about 30 million euros ($33 million) and is expected to fetch roughly 10 times that in a potential deal, in line with the valuation of listed peers, the sources said. Lazard and Societe Generale are advising seller HgCapital on the deal, which is expected to be concluded before year-end.
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Buyout group HgCapital is planning a potential 300 million euro sale of nursing home operator Casa Reha as the consolidation of Germany's fragmented healthcare services sector continues apace, sources ...