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Australia’s Ramsay might sell French hospital subsidiary Santé stake to Predica instead of demerging

Ramsay Health Care, Australia’s biggest private hospital group by revenue, may drop plans to demerge its struggling European business, Ramsay Santé, and instead offload its majority stake to the other main shareholder. Ramsay appointed investment bank Goldman Sachs in early 2025 to review its options for Santé. Many had expected the group to spin off the European business via an in-species distribution of Sante shares to Ramsay Health Care shareholders. But sources quoted in the Australian press now suggest that option has been dropped. 

Creditors take Colisée off of EQT

Pan-European French nursing home group Colisée has become so overburdened by its debt that its creditors have insisted on taking control from private equity firm EQT, who has owned it since 2020. 

French private radiologists strike over planned fee cuts

Private radiologists across France went on strike earlier this week to protest planned cuts to payments for imaging procedures under the draft 2026 Social Security budget. Around 80% of the country’s private radiologists were reported to have joined the strike.

Fremman buys Stingray to merge with Amethyst

Two of Europe’s three largest private oncology groups are being merged into a single entity, creating continental Europe’s largest oncology player. Private equity firm Fremman Capital has acquired Stingray, an oncology group with a presence in France and Germany, to merge it with its portfolio company Amethyst, a major pan-European radiotherapy group which already has a presence in seven European countries.

Healthcare Activos spends €150m on seven facilities

Spain-based healthcare real estate investor Healthcare Activos has acquired seven facilities, two of which are newbuilds. This brings Activos’ total assets under management to €1.3 billion. HBI caught up with Alberto Fernandez, Co-CEO, to understand how these acquisitions fit in with the investor’s long term strategy.

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