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.