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Santa Lucia Bancorp (fka SLBA) RSS Feed

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10/21/08
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Amil Participacoes Acquires Casa de Saude Santa Lucia S.A. in Rio de Janeiro RIO DE JANEIRO, Brazil, Sept 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- AMIL PARTICIPACOES S.A. (Bovespa: AMIL3) ("Amilpar"), in accordance with CVM Instruction 358, of January 3rd, 2002, communicates the signing, on September 18, 2008, of an Acquisition Agreement for 100% of the stocks of Casa de Saude Santa Lucia S.A ("Santa Lucia") for the total amount of R$ 60 million, to be paid as follows: R$ 1 million at the signing of the Acquisition Agreement, R$ 7 million at the closing of the definitive contract, and the remainder in 36 consecutive monthly installments, of which the first installment is due 30 days after the closing of the definitive contract, adjusted according to the IGP-M / FGV (Indice Geral de Precos do Mercado - general market prices index - calculated by Fundacao Getulio Vargas) variation. Of the Santa Lucia stocks, 32.76% belongs to various stockholders and are unencumbered ("Participation Rights"). The remaining 67.24% are part of the assets that constitute the estate of GUILHERME RIBEIRO ROMANO ("Hereditary Rights"), reason why the "Private Acquisition and Transfer of Hereditary Rights and Stocks" was signed with the hereditary stockholders of Santa Lucia. It is important to note that part of the Santa Lucia assets refers to real estate, appraised at market value at approximately R$ 50 million, of which R$ 20 million refers to the hospital complex and R$ 30 million to non-operational real estate. After the estate probate is concluded, the Amilpar Board of Directors will review and evaluate the sale of these non-operational assets at market value. Santa Lucia is located in the South region of Rio de Janeiro city, in a high end, high appreciation area. The hospital has 75 beds, of which 16 are for intensive care. In 2007, its revenues reached R$ 27.8 million and a cash position of R$ 5 million. Currently, around 15% of Santa Lucia's revenues are related to services provided to Amilpar members. To access the complete version, visit our website: www.amilpar.com.br/ir Erwin Kleuser Investor Relations Officer Phone: +55 (21) 3805-1155 invest@amil.com.br www.amilpar.com.br/ir About Amilpar
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