Ramsay Health Care will slash the value of its European and British assets and says it no longer expects profit to rise this financial year.
The private hospital giant said it would write down its British mental health service by $305 million and make a considerable tax provision on its European hospitals business, Sante.
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correction —
Correcting Natalie Davis started in the job in October last year, and she has announced the creation of two new roles but has not yet appointed a new chief financial officer.
Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com
