13.07.2015 18:47:00
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PSP Investments Acquires 14% of the Capital of Korian
Regulatory News:
Korian (Paris:KORI), European leader of Ageing Well, announce this day that PSP Investments, one of Canada’s largest pension investment managers, acquired, on 10 July 2015, 14 % of the shareholding of the company from Batipart, Covea and ACM Vie. After closing of this transaction, Batipart, Covea and ACM Vie remain shareholders of Korian with respectively 0.46%, 4.78% and 3.53% of the shares.
A board meeting of Korian is scheduled on Wednesday 15 July 2015, and the Group will communicate after it has been held.
ABOUT KORIAN
Korian, Europe’s leading Ageing Well specialist, founded in 2003, has the capacity to accommodate more than 57,500 residents and patients in Europe (France, Germany, Italy and Belgium) and employs around 40,000 people. The Group manages nearly 600 facilities in four business lines: nursing homes, post-acute and rehabilitation clinics, assisted living facilities and home-care services.
For more information, please visit the website: www.korian.com
ABOUT PSP INVESTMENTS
The Public Sector Pension Investment Board ("PSP Investments”) is one of Canada's largest pension investment managers with $99.5 billion of net assets under management as of September 30, 2014. Its highly skilled and dedicated team of professionals manages a diversified global portfolio including public equities, private equity, bonds and other fixed-income securities, real estate, infrastructure and renewable resources. PSP Investments is a Crown corporation established to manage employer and employee net contributions since April 1, 2000, to the pension funds of the federal Public Service, the Canadian Forces and the Royal Canadian Mounted Police, and since March 1, 2007, of the Reserve Force. For more information about PSP Investments, visit www.investpsp.ca.
Korian has been listed on Euronext Paris Compartment B since November 2006 and is included in the following indices: SBF 120, CAC Health Care, CAC Mid 60, CAC Mid & Small and MSCI Global Small Cap
Euronext ticker: KORI - ISIN: FR0010386334 – Reuters: KORI.PA – Bloomberg: KORI.FP
View source version on businesswire.com: http://www.businesswire.com/news/home/20150713006094/en/
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