November 2024
Ramsay resists investor pressure to dump international hospitals
The private hospital giant’s chairman David Thodey says he cannot rule out offshore asset sales, but shareholders want more certainty.
October 2024
Ramsay calls for insurance shake-up as hospital bailout hopes sink
Ramsay Health Care says it is not expecting the federal government to bail out loss-making hospitals.
July 2024
Woolworths in leadership limbo after exec becomes Ramsay CEO
After missing out on the CEO role at the retailer, Natalie Davis will take over from long-serving Ramsay boss Craig McNally who will step down next year.
November 2022
Ramsay waters down speculation on French asset sale
The nation’s largest private hospitals operator said positive momentum in the first quarter has continued into October, but is still grappling with staff shortages and further recovery in patient volumes.
Will Ramsay sell its French assets?
Sources suggest that a restructure or a sell-off of its French assets is on the cards.
September 2022
KKR turns the screws on its target Ramsay
After the better part of two years stalking the private hospital operator, KKR & Co is still empty-handed. Ramsay needs to now focus on its business.
April 2022
Barbarians at the gate or global experts at work?
As KKR and its partners continue their due diligence of bid target Ramsay Health Care, AFR Weekend asks if private equity firms can be good owners of such sensitive and vital assets.
Ramsay was a pandemic sitting duck
Ramsay Health Care became an obvious takeover target when it went ex-growth in 2018 following a decade of expansion by merger and acquisitions.
February 2022
Ramsay CEO sees staffing as crucial as medical workers fight fatigue
Lockdowns crunched interim profit at the nation’s largest private hospitals operator, which is dealing with exhausted staff.
October 2021
Ramsay says elective surgery restrictions will hit earnings
As restrictions on non-urgent elective surgery ease later this month in greater Sydney, Ramsay is still feeling the COVID-19 aftermath this year.
July 2021
Ramsay confirms failure of Spire bid
The private hospitals operator has fallen short of the votes required for its bid for Spire to be successful.
Ramsay’s bid for Spire looks set to fail
Key Spire investors are holding firm against the increased offer.
Fidelity joins investor revolt against Ramsay’s higher bid for Spire
Fidelity Special Situations Fund says it will reject the increased offer from the Australian private hospitals operator.
May 2021
Ramsay bets on volume surge in COVID-19-hit UK
Two brokers raised their price targets for the private hospitals operator after its deal to buy a UK-based rival was revealed, but the shares fell 3 per cent.
Ramsay’s $1.8b pandemic opportunity
The private hospital operator is seeking to buy growth in Britain with the $1.8 billion purchase of Spire Healthcare. But it must navigate a strict competition review that will delay synergy benefits for a year.
Ramsay splashes $1.8b on UK’s Spire Healthcare
Ramsay CEO Craig McNally is making good on his promise to strike more deals by bolstering the healthcare giant’s UK operations.
February 2021
Ramsay Health Care resumes dividends, points to increased admissions
The nation’s largest private hospital operator believes it is well positioned into fiscal 2022 to help deal with public system surgical backlog.