Rede D'Or São Luiz S.A. agreed to acquire 80% stake in Sociedade Anônima Hospital Aliança for BRL 800 million on February 17, 2020. Post deal completion, 20% minority stake will remain with the Hospital Aliança's founding company. In 2019, Sociedade Anônima Hospital Aliança reported a total revenues of BRL 440 million. The deal is subject to the approval by the Administrative Council for Economic Defense. Banco Itaú acted as advisor in this transaction. Rede D'Or São Luiz S.A. completed the acquisition of 80% stake in Sociedade Anônima Hospital Aliança in July 2020.