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prima:HIMA San Pablo picks Auxilio Mutuo as preferred bidder for Bayamon’s hospital

The deal is expected to be a fire sale since the offering price is $18 million or about 18% of the property’s value

October 1, 2023 - 1:47 PM

Archival note
This content was published more than 1 year ago.
Last Friday, HIMA San Pablo Group found relief to its insolvency crisis when Federal Bankruptcy Court Judge Enrique Lamoutte Inclán approved the $7 million emergency financing requested by the group to keep its hospitals operating while the sale process for all its assets continues. (Nahira Montcourt)

The HIMA San Pablo Group selected the bid submitted by AM Acquisition LCC, owned by Auxilio Mutuo Hospital, for the purchase of its hospital in Bayamón.



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