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