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Healius to sell $650m X-ray and ultrasound division after UBS review

Simon Evans

Healius, the struggling pathology company once known as Primary Health Care, is putting its Lumus Imaging business on the auction block after a three-month review of the company’s strategy as part of a broader turnaround plan.

The company told investors on Monday that it had engaged UBS to advise on the sale, and that Healius would focus on reinvigorating its core pathology business.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/healius-to-sell-650m-x-ray-and-ultrasound-division-after-ubs-review-20240527-p5jgv8