Australia: Ramsay Health Care block raises A$1.36bn

Craig McNally, managing director, Ramsay Health Care,

The Paul Ramsay Foundation, the largest shareholder in Ramsay Health Care, has sold an almost 11% block in the hospital group for A$1.36bn (US$993m). It is the county’s largest block trade for almost two years. The foundation, which was set up by the company’s late founder Paul Ramsay, is the biggest shareholder in Australia’s largest…

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