Nursing home operator Korian buys Casa Reha for more than 300 mln euros

November 10, 2015 3:25 PM

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FRANKFURTFrench nursing home operator Korian has agreed to buy German peer Casa Reha as it seeks to increase its presence in Europe's biggest economy, it said on Tuesday.

While a purchase price was not disclosed, two people familiar with the matter said the deal valued Casa Reha at 300-350 million euros ($321-$374 mln).

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