Rede D'Or São Luiz S.A. agreed to acquire 75% stake in Hospital Sao Carlos for approximately BRL 190 million on November 26, 2019. Veronica Betta, Vinicius Graça, Ara Jo, Roberto Casarini, Henrique Anders and Daniel Abuchalla of Demarest Advogados acted as legal advisors for Hospital Sao Carlos. Rede D'Or São Luiz S.A. completed the acquisition of 75% stake in Hospital Sao Carlos for approximately BRL 160 million on August 6, 2020.