Australia: Ramsay in strong position for post-Covid-19 world

Craig McNally, managing director, Ramsay Health Care,

Ramsay Health Care has raised A$1.2bn (US$760m) in a placement to allow it to get through the Covid-19 pandemic. It positions the company to take advantage of opportunities when markets reopen. “The success of the equity raising is a clear endorsement of Ramsay’s long-term strategy. It will strengthen our balance sheet and liquidity position, increase…

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