MDS Group intends to acquire D'or Consultoria Holding Nordeste S.A. from Rede D'Or São Luiz S.A. (BOVESPA:RDOR3) for BRL 800 million on May 17, 2024. Upon completion of the acquisition, Ariel Couto, CEO of MDS Brazil, will lead the joint operation. The D?Or Consultoria Executive team, led by CEO Bruno Iannuzzi, will remain with the company, ensuring continuity of service to current customers and the continued growth of the business.

The transaction is subject to approval by the Administrative Council for Economic Defense (CADE), including the granting of all regulatory approvals. Ardonagh intends to fund the acquisition via the Group?s available liquidity. Terence Beringhs and Fernando Gentil Monteiro from Gentil Monteiro, Vicentini, Beringhs e Gil Advogados acted as legal advisors to MDS group.