Healius Limited announced the divestment of its Montserrat Day Hospitals

Healius Limited (ASX: HLS) announced that it had signed a binding agreement with Nexus Hospitals to divest its Montserrat Day Hospitals, an operator of 11 specialist short-stay hospitals and hematology/oncology clinics, for an enterprise value of up to AU$138.6 million including deferred contingent consideration of up to AU$11.4 million. Completion of the transaction is anticipated to take place in the first half of the calendar year 2023.

It remains subject to a limited number of conditions precedent customary for a transaction of this nature. The company will continue to offer pathology services across several existing Montserrat facilities with an option to expand the provision of diagnostic services with Nexus Hospitals.

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