Via Yahoo Finance

(Reuters) – Medical Properties Trust Inc (MPT) <MPW.N> said on Monday it agreed to buy 30 acute care hospital facilities in the UK for about 1.5 billion pounds.

The facilities are leased to affiliates of BMI Healthcare, a private operator of acute hospitals in the UK, healthcare-based real estate investment trust MPT said https://reut.rs/2EMsckX in a statement.

The transaction is expected to close in the first quarter of 2020.

In a related transaction, affiliates of Circle Health, another U.K.-based hospital operator, will buy BMI.

(Reporting by Bharath Manjesh in Bengaluru; Editing by Subhranshu Sahu)

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