CHICAGO — Private-equity group Cerberus Capital Management LP yesterday said it would buy Boston’s nonprofit Caritas Christi Health Care for $830 million, taking over the Catholic system’s long-term debt and spending $400 million on capital upgrades.

The deal needs approval from the Massachusetts attorney general, which will make a recommendation to the Massachusetts Supreme Judicial Court, whose approval is needed for the charitable hospital to become a for-profit entity.

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