Ramsay Health Care Ltd shares down Friday, underperforms the Health Care sector
Here is the latest company close update for Ramsay Health Care Ltd, RHC.
Here is the latest company close update for Ramsay Health Care Ltd, RHC.
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Ramsay Health Care’s share price is up more than 8 per cent in the past month and that may be due to the gradual demise of its nearby competitor, Healthscope.
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Ramsay Health Care’s announcement last week that an investment bank was weighing sale options for its Europe arm has raised debate about its true value.
The fact that the group came out and announced it had appointed Goldman Sachs to work on strategic options for Ramsay Sante while reporting its results on Thursday sent a clear signal.
Ramsay Health Care has flagged the potential sale of its underperforming European division and further corporate action could be in the wings.
Ramsay Health Care is believed to be positioning itself to become involved in a break-up of Healthscope and is keen to gain control of hospitals owned by its rival.
The woes around cash-strapped Healthscope have prompted private equity firms to pay closer attention to its larger rival Ramsay Health Care, which could shape up as a major winner should the former collapse.
The health care company won’t grow profits this year, after a weaker than expected performance from its Elysium mental health business in the UK.
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Ramsay Health Care says it will need to reignite talks with insurers on payouts if wage costs blow out, as angry NSW nurses challenged the company’s board over pay.
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Samantha-Jane Ramsay, 17, reported the Harrods owner for sexual abuse in 1995, to be told by police they would simply add her ‘to a pile of other female names’ who had made complaints.
There’s talk in the market again about a deal involving Ramsay Health Care, with a private equity firm said to be pulling together a management team to run the business.
Ramsay Health Care says there has been a significant increase in privately-insured patients opting to have surgery in the public system as cost-of-living pressures bite.
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The country’s largest private hospital operator is believed to be in the crosshairs of private equity once again.
The hospital operator’s shares dropped after it issued a warning it will deliver softer than expected annual earnings.
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Ramsay Health Care has poached key Woolworths executive Natalie Davis to be its next chief executive, just as Brad Banducci heads for the exit at the retailer too.
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Original URL: https://www.theaustralian.com.au/topics/ramsay