New York City-based private equity firm KKR completed the acquisition of Envision Healthcare, a Nashville, Tenn.-based physician services provider.
KKR and Envision completed the transaction after entering into a definitive agreement in June. The deal was valued at $9.9 billion including the assumption of debt. Envision's stockholders will receive $46 per share of Envision common stock in cash.
As a result of the completion of the transaction, Envision's stock stopped trading on the New York Stock Exchange before the stock exchange opened on Oct. 11.
More articles on healthcare industry transactions:
Louisiana hospital enters negotiations with Ochsner as LifePoint exits market
For-profit hospital operator M&A update: 17 latest deals involving CHS, Tenet, HCA and LifePoint
OhioHealth to assume management of 84-bed hospital