Netcare buys rest of UK’s BMI Health

Netcare said it would buy the rest of the shares it does not already own in Britain’s BMI Healthcare from private equity firm Apax and other investors in an all-share deal worth more than $125 million.

Netcare owned 54% of BMI after the firm joined Apax and others to buy BMI’s holding company General Healthcare Group in 2006. Apax held 32%, while the balance was held by other investors. –