EQT adds miljardbud on US companies – Västerbotten Courier

Private equity giant EQT, Investor as a large investor, place a bid on Press Ganey, a US service provider to health care companies. The bid amounts to EUR 20 billion, according to Dagens Industri.

The price is equivalent to SEK 345 per share, which represents a premium to Monday’s closing price of approximately SEK 1.50. The offer is unanimously recommended by the Press Ganeys board.

Press Ganey helps companies in the healthcare sector to measure patient satisfaction and quality of care. Since healthcare reform ObamaCare was introduced in 2010, the quality of American health care providers increased.

The deal will be completed probably in the fourth quarter in 2016.