Ramsay has undertaken to divest 14 private hospitals (located in New South Wales, Victoria, Queensland and Western Australia) to CVC Asia Pacific Limited and Ironbridge Capital Pty Limited.
CVC and Ironbridge have undertaken to execute a confidential Heads of Agreement with Ramsay for the acquisition of 14 private hospitals in New South Wales, Victoria, Queensland and Western Australia.
The CVC and Ironbridge Undertaking will operate in unison with the Ramsay Undertaking.