Medical Properties Trust Announces Early Anti-Trust Approval and Completion of MEDIAN Kliniken Acquisition

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Medical Properties Trust, Inc. (the “Company” or “MPT”)
MPW
announced that MEDIAN Kliniken Group has received regulatory approvals from the German antitrust authorities to complete its sale to affiliates of Waterland Private Equity and MPT, and has closed the sale as of December 15. The parties initially expected the approval would not be received until some point in the first quarter of 2015. The prompt antitrust approval and sale is further expected to accelerate MPT's $880 million purchase and leaseback of MEDIAN's 40 hospital facilities by at least several weeks ahead of initial expectations. In addition, MPT now expects to fund, and begin accrual of income on, up to approximately $500 million of such purchase prices during the remainder of 2014. The purchase and leaseback transactions are subject to customary real estate, regulatory and other closing conditions, including waiver of any statutory pre-emption rights by local municipalities. MPT expects to complete these transactions in the first quarter of 2015.
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