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Doughty CEO calls Quiron stake sale revelation ‘rumours in the marketplace’

18 Jun 2014

quiron hospital barcelonaDoughty Hanson CEO Stephen Marquardt has called reports it is to sell a stake in Spanish hospital group Quiron “rumours in the marketplace” despite a Quiron spokesman revealing the news.

CVC Capital Partners is set to buy a 61 per cent stake in Quiron to merge with its own Spanish medical group IDC according to Reuters, which cited the company on Tuesday.

It said Quiron had not revealed financial details for the deal, which the company said it expected to close by the end of the month.

Bloomberg said the newly-merged company would manage 40 hospitals and employ more than 17,000 staff.

Doughty CEO Marquardt, who is also the firm’s head of investor relations, told AltAssets the transaction was “not a deal, it is just a rumour in the marketplace”, and said the firm had no comment.

The firm agreed a deal for 40 per cent of Quiron in April 2012 amid plans to merge it with its previously acquired stake in USP Hospitales to create one of Spain’s largest private hospital groups.

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