Brazilian hospital chain Mater Dei said on Tuesday it had reached a deal to acquire 95.5% of Hospital Premium in the midwestern city of Goiania, sending its shares sharply higher. Mater Dei said in a securities filing the transaction had an enterprise value of 250 million reais ($44.07 million), which would be paid in six installments. Premium is a high complexity general hospital and has an installed capacity of 156 beds, Mater Dei said, adding that the deal implies a multiple of 1.60 million reais per bed.
Brazil's real was 0.2% stronger against the U.S. dollar after data showed annual inflation ended 2021 at a six-year high of 10.06%. "While inflation has now passed its peak and is likely to fall further, (Brazil's central bank) will continue to tighten monetary policy aggressively at its next meeting," said William Jackson, chief EM economist at Capital Economics. The Brazilian central bank's monetary policy committee, Copom, has been the most aggressive in tackling inflation, raising rates to 9.25% in December from 2% in March.
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