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

Reuters

Feb 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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plans to spin off French unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-20 12:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\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 Bengaluru)</p><p>((Shruti.Agarwal@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RHC.AU","symbol_name":"RAMSAY HEALTH CARE 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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% ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RHC.AU":"RAMSAY HEALTH CARE LTD","BK7113":"保健护理机构"},"translate_title":"BUZZ-澳大利亚拉姆齐医疗保健公司计划分拆法国子公司，股价创六个月新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RHC.AU":0.9},"content_text":"BUZZ-Australia's Ramsay Health Care 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))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,event","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}