SAO PAULO (Reuters) – Private equity firm Carlyle is selling a 1.6% stake in Brazilian hospital chain Rede D’Or in a block trade worth about 1.1 billion reais ($213.29 million), local outlets Brazil Journal and Valor Economico reported on Wednesday.
The sale represents half of what Carlyle owns in the firm and would leave it with a 1.6% stake in the company, according to the reports.
($1 = 5.1574 reais)
(Reporting by Peter Frontini; editing by Gabriel Araujo)
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