Fremman Capital has bought a UK business that employs NHS staff outside working hours to fill gaps in health service
An agency that employs NHS doctors and nurses outside their contracted hours has been bought by private equity firm Fremman Capital, in a bet that growing waiting lists will stoke demand for specialist staff and services.
UK-based Medinet, which markets itself as helping NHS organisations to reduce waiting times, has been sold by Volpi Capital to Fremman Capital for an undisclosed sum.
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It is reported, by Reuters, that the Barca Media vehicle would be 80% retained by the football club whilst the other 20% of the business would be held by the special purpose acquisition company (SPAC) on Nasdaq.
The report suggested that the stock market transaction would value the entire Barca Media business at around US$1 billion
Source: Financial Times
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