Lazard, Credit Agricole advise Ramsay on French deal

Ramsay has hired Lazard, the first time it has hired the investment bank, to help it acquire Generale de Sante, a French health care provider.

Lazard and Credit Agricole are advising Ramsay Health Care on its 539 million euro takeover of Generale de Sante, which has 75 health care facilities and centres in France, Data Room has discovered.

It is potentially the second-largest acquisition in more than 14 years by Sydney-based Ramsay. It's biggest acquisition since 2000 remains the $US1.1 billion purchase of Affinity Health, according to Bloomberg data.

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