April 26, 2018 / 8:39 PM / 5 months ago

BRIEF-Tenet Healthcare Purchases Remaining 15 pct Ownership Interest In United Surgical Partners International

April 26 (Reuters) - Tenet Healthcare Corp:

* TENET HEALTHCARE - PURCHASED REMAINING 15 PCT OWNERSHIP INTEREST IN UNITED SURGICAL PARTNERS INTERNATIONAL OWNED BY WELSH, CARSON, ANDERSON & STOWE

* TENET HEALTHCARE - PAID WCAS $630 MILLION TO PURCHASE 15% OWNERSHIP INTEREST IN USPI, TO SATISFY TRUE-UP OBLIGATIONS FROM 2017 EQUITY PURCHASE

* TENET HEALTHCARE CORP - PURCHASE OF WCAS’S REMAINING INTEREST IN USPI WAS COMPLETED ON AN ACCELERATED TIMELINE

* TENET HEALTHCARE CORP - INCREASED OWNERSHIP IN USPI FROM 80 PERCENT TO 95 PERCENT, EFFECTIVE APRIL 26

* TENET HEALTHCARE - BAYLOR UNIVERSITY MEDICAL CENTER, UNIT OF BAYLOR SCOTT AND WHITE HEALTH, CONTINUES TO HAVE 5% OWNERSHIP INTEREST IN USPI

* TENET HEALTHCARE CORP - HAS NOW SATISFIED ALL REMAINING OBLIGATIONS TO WCAS UNDER PREVIOUS PUT/CALL AGREEMENTS BETWEEN PARTIES Source text for Eikon: Further company coverage:

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