KING OF PRUSSIA, Pa., May 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- Universal Health
Services, Inc. (NYSE: UHS) announced today that it has completed the
previously announced sale of its 81.5% interest in Medi-Partenaires to
Barclays Private Equity France and Cobalt Capital. Medi-Partenaires is one of
the leading operators of private acute-care hospitals in France and currently
owns and manages 14 hospitals across France. The pre-tax sale proceeds were
approximately $295 million.
Universal Health Services, Inc. is one of the nation's largest hospital
companies, operating acute care and behavioral health hospitals, ambulatory
and radiation centers nationwide. It acts as the advisor to Universal Health
Realty Income Trust, a real estate investment trust (NYSE: UHT).
Certain statements in this release may constitute forward-looking
statements that are subject to various risks and uncertainties as discussed in
the Company's filings with the Securities and Exchange Commission. The
Company is not obligated to update these forward-looking statements even if
the Company's assessment of these risks and uncertainties changes.
For additional information on the Company, visit our web site:
SOURCE Universal Health Services, Inc.
Steve Filton, Chief Financial Officer, Universal Health Services, +1-610-768-3300