Medical Properties Trust, Inc. Announces Completion of Acquisition of Three IASIS Facilities
Circle Connections: Mergers & Acquisitions Medical Properties Trust, Inc. announced that it has completed the acquisition of the real estate of three acute care hospitals operated by IASIS Healthcare LLC. The previously announced sale / leaseback transaction is valued at $283.3 million and significantly expands MPT's relationship with IASIS. As previously announced, the acquisitions are immediately accretive to MPT's per share funds from operations. When considered with other completed and pending acquisitions, MPT's $650 million of investments in 2013 increase total assets by approximately 30% compared to total assets at December 31, 2012. Under the terms of . . .