Bain Capital to enter negotiations over Priory Group

Bain Capital is close to a 1 billion pound ($1.6 billion) deal for the Priory Group, a group of more than 50 hospitals dedicate to mental health, which is most famous for treating celebrities. Bain is expected to enter into a period of negotiations with the owners of the Priory, while also arranging debt financing of up to 500 million pounds. Private equity firms such as Blackstone, Advent International and Cinven Group are reportedly also interested in the Priory.

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