Ramsay Healthcare launches €635m rights issue

Company News

by Anna Napoli

Ramsay Health Care (ASX:RHC) has announced it has launched a €625 million renounceable rights issue.

The funds will be used to finance its purchase of Capio AB.

Ramsay Generale de Sante shareholders will be entitled to participate in the Rights Issue on a 1 Ramsay Generale New Share for every 2 ordinary shares held basis.

Ramsay made an €788 million offer for the healthcare services company last year which was accepted.

Capio has a solid portfolio in France and has been driving value-based healthcare and digitization.

Shares In Ramsay Healthcare (ASX:RHC) closed 0.14 per cent higher at $64.86 on Friday.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.