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Healius Divests Lumus Imaging, Sharpens Focus
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Healius Divests Lumus Imaging, Sharpens Focus

Healius Limited (AU:HLS) has released an update.

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Healius Limited has agreed to sell its imaging division, Lumus Imaging, to Affinity Equity Partners for $965 million, aiming to complete the deal by early 2025. The sale is part of a strategic restructuring to focus on core Pathology services and reduce debt, with anticipated net proceeds over $800 million earmarked for investment in their primary operations and returning cash to shareholders. This move is expected to significantly improve Healius’ financial position, enabling a leaner corporate structure and enhanced services.

For further insights into AU:HLS stock, check out TipRanks’ Stock Analysis page.

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