Search This Blog

Monday, August 28, 2023

CENTENE CORPORATION SIGNS DEFINITIVE AGREEMENT TO DIVEST CIRCLE HEALTH GROUP

 Centene to sell Circle Health Group to Pure Health at an enterprise value of approximately $1.2B

Sale reflects continued execution of Centene's value creation efforts and portfolio review

 Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that it has signed a definitive agreement to sell Circle Health Group ("Circle Health"), one of the U.K.'s largest independent operators of hospitals, to PureHealth, the largest integrated healthcare network in the Middle East. The transaction reflects Centene's continued execution of its value creation efforts as the company refocuses its portfolio on core lines of business. The enterprise value is approximately $1.2B, inclusive of debt assumed.

https://finance.yahoo.com/news/centene-corporation-signs-definitive-agreement-113000731.html

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.