Swedish healthcare company Capio plans to sell its French business to Vivalto Sante in a deal worth up to EUR 455m to focus on its less capital intensive Nordic operations. Capio operates in Sweden, Norway, Denmark, France and Germany and had net sales of NOK 15.3bn last year. The consideration for the proposed deal would be an upfront enterprise value of EUR 425m plus an earn-out contingent on this year’s financial performance.
