PHP and MedicX merge to create £2.3bn healthcare giant


Primary Health Properties (PHP) and MedicX fund have announced a merger creating the largest UK healthcare property investor with a combined portfolio of £2.3bn.

The all share merger will see PHP acquire all of MedicX’s share capital with existing PHP Shareholders set to hold 69.4% and MedicX shareholders set to hold 30.6% of the enlarged company.

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