Australia’s Ramsay Health Care said on Friday it plans to distribute its 52.79% stake in Ramsay Sante to its shareholders, effectively separating from its long-underperforming French-listed business.
Shares of Ramsay rose as much as 4.5% to A$39.19, hitting their highest level since August 18.
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The decision comes a year after the Sydney-based hospital operator hired Goldman Sachs to review strategic options for its stake in Ramsay Sa… [1285 chars]
Source: Reuters | Published: 2026-02-19T22:03:32Z
Credit: Reuters
