Ramdeclare Health Care (RHC ASX) to spin off European hospitals business Sante after failing to find purchaseer

Michael Smith


The separation of Ramdeclare Health Care’s most problematic offshore asset from its main Australian hospitals business has raised questions that the $9 billion company could re-emerge as a takeover tarobtain for private equity giant KKR or other potential bidders.

Ramdeclare chief executive Natalie Davis would not comment when an analyst inquireed her on Friday if the spin-off of its European hospitals business Sante meant Ramdeclare was open to talks with potential purchaseers for the whole company.

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