Debevoise & Plimpton LLP has advised the Evercare Group, wholly owned by the Evercare Health Fund, in its sale of a majority shareholding in Metropolitan Hospital Holdings Limited (“MHHL”) to The Metro Group Plc (“TMG”).

MHHL is the holding company that owns Metropolitan Hospitals and Ladnan Hospitals.

With the close of the transaction, TMG now assumes majority ownership of MHHL. Terms of the transaction were not disclosed.

For full details of the transaction, see here.

The Debevoise team advising Evercare was led by partner Geoffrey Burgess, and included international counsel Philipp von Holst, and associates Hilary Davidson, Mark Hume and Yiran Ji. Finance advice was provided by associates Almas Daud and Andrea Thomas. Tax advice was provided by associate Christopher Gossage.