6
Sep
Birmingham company strikes $1.78B deal with NY fund
A New York company is set to acquire multiple properties from Medical Properties Trust.
Medical Properties Trust (NYSE: MPW) has entered into an agreement with New York-based Macquarie Infrastructure Partners V in which MIP V acquire a 50% interest in a portfolio of eight Massachusetts-based general acute care hospitals currently owned by Medical Properties Trust and operated by Steward Health Care System.
The transaction is valued at $1.78 billion.
MIP V is a $6.9 billion unlisted infrastructure…
Source: Arizona Business Journal
