Ramsay Health Care Ltd higher Monday, outperforms 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.
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.
The local share market closed flat as CSL dives after its results, Macquarie jumps on its trading update, gold miners up as gold hit a record, SGH soars on strong results, Nine, Seven West Media up on positive signs for advertising. Australian carveout on Trump tariffs ‘under consideration’.
A strong day for Aussie shares as the ASX 200 rises 0.5 per cent to a record high close at 8532.3. Origin cuts APLNG guidance. Citi upgrades BlueScope. Rinehart lifts Lynas stake. Broker upgrade for Zip. Lendlease selling Capella. US probing if DeepSeek used Nvidia chips. Trump advisors hunt for deals as Canada, Mexico tariffs loom.
It may be the festive season but our expert stock pickers are always watching their portfolios and this week see buying opportunities in health, mining, tech and travel sectors.
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.
Banks, resources drive ASX selloff. Trump threatens tariffs against China, Mexico and Canada. Israel-Hezbollah ceasefire seen as imminent. Sharemarket operator ASX down after CHESS guidance. Brickworks sees ‘subdued’ key markets over next 12 months.
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.
ANZ CEO Shayne Elliott tells parliament a ban on staff drinking alcohol during work hours is ‘entirely reasonable’, after its conduct scandal. Star halts as NSW casino regulator looks at licence. Ramsay and Harvey Norman fall.
An unloved ASX-listed company is struggling as the jobless rate hits its highest level in years, but the bad news appears priced in.
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.
Bloodbath across the board as the local sharemarket plunges with the ASX 200 down 3.7 per cent to a two-month low of 7649.6 in its worst day since May 2020. Global investors dump shares after US falls. Tokyo plunges 14 per cent in its worst day since the 1987 crash. Woodside buying OCI Clean Ammonia for $US2.35bn.
Original URL: https://www.theaustralian.com.au/topics/ramsay