Company Announcement: Completion of the Acquisition of Oasis Dental Care by Bupa
Friday 10th February 2017, posted in News Archive
We are proud to announce today the completion of the acquisition of Oasis Dental Care by Bupa. The transaction follows regulatory referral from the European Commission to the UK Competition and Markets Authority (CMA).
This is an important milestone following Bupa’s announcement in November 2016 that it had agreed to acquire Oasis, from Bridgepoint, the European private equity group, in a transaction totalling £835 million.
Bupa is a fantastic permanent home for the Oasis business; both organisations care deeply about patients and people. Our patients, clinicians and employees will gain significant benefits from being part of Bupa which has a long history of delivering first class patient care. We are confident that our patients will continue to receive the same excellent treatment and service that they have become familiar with at Oasis as either a private, NHS or Oasis Basics patient.
The acquisition is subject to clearance from the CMA. Oasis will continue to operate as a separate business from Bupa until clearance is granted.
While we may not have all the answers to every question until the two business come together, you can rest assured that your usual care and service will continue uninterrupted.
We look forward to the continued success of Oasis under Bupa’s ownership.
Very Best Wishes
Justin Ash ( Oasis CEO )