BUZZ-Australia's Ramsay Health Care hits six-month high on plans to spin off French unit

Reuters

02/20

BUZZ-Australia's <a href="https://laohu8.com/S/RMSYF">Ramsay Health Care</a> hits six-month high on plans to spin off French unit

** Shares of Ramsay Health Care RHC.AX rise as much as 4.5% to A$39.19, their highest since August 18

** Co says it plans to distribute its 52.79% stake in Ramsay Sante GDSF.PA to its shareholders, effectively separating from its long-underperforming French-listed business

** Healthcare services co adds distribution is expected in Q4 of 2026, subject to approvals

** Hayden Beamish, chief investment officer at Endeavor Asset Management, said the development was long overdue since "Sante has been a persistent drag, loss-making in Europe, consuming capital"

** YTD shares up 12.8%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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12:50</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's <a href=\"https://laohu8.com/S/RMSYF\">Ramsay Health Care</a> hits six-month high on plans to spin off French unit </title></head><body><p>** Shares of <a href=\"https://laohu8.com/S/RMYHY\">Ramsay Health Care</a> <span>RHC.AX</span> rise as much as 4.5% to A$39.19, their highest since August 18</p><p>** Co says it <span>plans to distribute</span> its 52.79% stake in Ramsay Sante <span>GDSF.PA</span> to its shareholders, effectively separating from its long-underperforming French-listed business</p><p>** Healthcare services co adds distribution is expected in Q4 of 2026, subject to approvals</p><p>** Hayden Beamish, chief investment officer at Endeavor Asset Management, said the development was long overdue since \"Sante has been a persistent drag, loss-making in Europe, consuming capital\"</p><p>** YTD shares up 12.8% </p><p>(Reporting by Shruti Agarwal in 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