Ramsay to triple French presence … again

Not six months ago, Ramsay Health Care purchased the largest operator of psychiatric hospitals in France, Medipsy, for €150m (about $220m), but it now looks like that was just an apéritif. Ramsay Santé, a joint venture between Ramsay and Crédit ­Agricole Assurances, is now in exclusive talks to buy an 83% stake in Euronext-listed Générale de Santé, the largest private hospital operator in France. This will be Ramsay’s fifth major acquisition in the country following its purchase of Ramsay Santé in 2010, Clinique Convert in Rhône-Alpes in 2011 and Clinique de l’Union and Medipsy in 2013. Générale de Santé operates...

Not six months ago, Ramsay Health Care purchased the largest operator of psychiatric hospitals in France, Medipsy, for €150m (about $220m), but it now looks like that was just an apéritif.

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