LifePoint Health To Merge With RCCH HealthCare Partners, Owned By Apollo Global Management

On July 23, 2018, LifePoint Health, Inc. and RCCH HealthCare Partners (RCCH) announced that they had entered into a definitive agreement to merge. The transaction, valued at $5.6 billion, is slated to close before the end of 2018, subject to customary closing conditions. RCCH HealthCare Partners is owned by certain funds managed by affiliates of Apollo Global Management, LLC.

After the transaction is completed, the combined company will be privately held, and will operate under the LifePoint Health name. The combined company will be led by William F. Carpenter III, who is current chairman and chief executive officer of . . .