Abu Dhabi-based health care network Pure Health has signed an agreement to buy one of the United Kingdom’s largest independent hospital operators from Centene Corp. for an enterprise value of about $1.2 billion.
Abu Dhabi sovereign wealth fund ADQ, Pure Health’s largest shareholder, last year consolidated several companies and merged them into Pure Health to create the largest health-care provider in the United Arab Emirates. Its other shareholders include International Holding Co., which is working on listing Pure Health.