Texas Health Ventures Group L.L.C. entered into a definitive agreement to acquire Baylor Scott & White Medical Center at Sunnyvale from physicians, Baylor Scott & White Health LLC and Tenet Healthcare Corp. (NYSE:THC) on January 4, 2017. In a related transaction, Baylor Scott & White Health LLC entered into a definitive agreement to acquire 25% of Baylor Scott & White at Centennial and 23.67% of Baylor Scott & White at Lake Pointe from Tenet Healthcare Corp. The transaction is subject to regulatory approvals and customary closing conditions. The transaction is expected to be completed in the spring of 2018.