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0735 GMT â Ramsay Health Care sale of its Asia-focused JV should aid deleveraging and give it more room to deal with headwinds itâs been facing since the end of the pandemic, Fitch Ratings analysts say in a note. Ramsay and Sime Darby are selling the hospital unit to Columbia Asia Healthcare for about A$2.0 billion. Ramsay expects to use A$935 million of proceeds to repay debt of its funding group, and Fitch sees Ebitdar leverage improving to 3.5X and staying around or below that until...
>>> Read more: Health Care Roundup: Market Talk
>>> Read more: Health Care Roundup: Market Talk
