Ramsay Santé prepares for independence ahead of December demerger
Australia’s Ramsay Health Care is giving away its 52.79% stake in French hospital giant Ramsay Santé to its own shareholders, who will get 0.25 Ramsay Santé shares for every Ramsay share they own. This landmark demerger, which remains subject to shareholder approval at a general meeting on November 24, represents a fundamental shift in the group’s global strategy. The parent…
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…