Spain: Banco Sabadell sells 40% of Ribera Salud Centene

Banco Sabadell has sold its 40% stake in Ribera Salud to Centene for €60m (US$67.4m). The NYSE-listed healthcare corporation now owns a 90% stake in the groundbreaking Spanish public private collaboration which delivers healthcare from hospitals to primary care. The bank will retain a 10% stake in Ribera Salud. Ribera Salud manages hospitals under what is…

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