After its previously announced $1.75 billion acquisition of Ardent Health Services, Inc., Ventas, Inc. (NYSE: VTR) has agreed to a deal with Equity Group Investments, which will take a majority ownership of the company’s hospital operations. The transaction is the latest development as Ventas reconfigures its portfolio. At the same time that the Chicago-based real estate […]
Ardent Health
Ventas, Inc. (NYSE: VTR) announced early Monday morning it will acquire Ardent Health Services, Inc., one of the 10 largest for-profit hospital companies in the U.S., for $1.75 billion in cash. Owned by private equity funds, Ardent owns and operates leading health systems across the U.S. and generates approximately $2 billion in annual revenue with more than half coming from private […]