Envision’s American Medical Response to be acquired by KKR’s Air Medical Group Holdings for $2.4 bln

Envision Healthcare Corp.’s
medical transportation subsidiary American Medical Response will be acquired by KKR’s portfolio company, Air Medical Group Holdings, in a cash transaction valued at $2.4 billion. The deal is expected to close in the fourth quarter. Together, AMR and AMGH are expected to transport more than five million patients a year by air and ground ambulances across 46 states and the District of Columbia, the companies said. Once the deal closes, the company will get a new name. Envision shares have declined 2.1% over the last three months, compared with a 3.4% rise in the S&P 500

View more information: https://www.marketwatch.com/story/envisions-american-medical-response-to-be-acquired-by-kkrs-air-medical-group-holdings-for-24-bln-2017-08-08-79147

Articles in category: moneyist
See also  http://www.marketwatch.com/story/global-behenamidopropyl-dimethylamine-market-cagr-volume-and-value-for-2020-2021-04-08

Leave a Reply

Back to top button