Laidlaw International, Naperville., Ill., will sell its two healthcare units -- American Medical Response and EmCare -- to Onex Partners, an affiliate of Toronto-based Onex Corp., for $820 million, Laidlaw announced.
American Medical Response, Denver, is the largest private ambulance company in the nation. EmCare, Dallas, provides physician staffing and management services for more than 300 hospital emergency departments.
Completion of the deal is expected by the end of March and is subject to normal and customary closing conditions.