Acadia Healthcare Co. (Nasdaq: ACHC) has agreed to buy behavioral health care services provider Priory Group, to expand its presence in London.

Financial deal terms call for Acadia to pay about $1.89 billion in cash and will also issue 5.363 million shares of common stock. The target, based in London, operates 300 facilities that have about 7,200 beds. Priory is expecting to generate $865 million in revenue for 2015 and $196 million in Ebitda.

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