Ramsay Santé separating from Ramsay Health Care
Ramsay Santé, the European subsidiary of Australia’s largest private hospital group Ramsay Health Care, is to separate from its parent group. Ramsay Health Care announced plans for a formal separation on February 20. The proposal involves an in-specie distribution of Ramsay’s 52.79% shareholding in Ramsay Santé directly to its existing shareholders. Under this arrangement, shareholders would receive shares in the…