Life Healthcare appoints banks to evaluate offers for European subsidiary
Barclays and Goldman Sachs will help to analyse unsolicited bids for Alliance Medical Group
15 February 2023 - 09:07
The share price of private hospital operator Life Healthcare surged on Wednesday following the news that it has appointed Barclays and Goldman Sachs to evaluate unsolicited offers to buy its diagnostic imaging services subsidiary Alliance Medical Group (AMG).
At 11.59am, the share price of the company, valued at R24.89bn on the JSE, jumped 12.15% to R19.02, making it its second best day, beaten only by the 22.63% gain on November 5 2020...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.