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Jack Nathan Medical ( (TSE:JNH) ) has provided an announcement.
Jack Nathan Medical Corp. is exploring strategic options for its Mexico subsidiary, including potential mergers and acquisitions, due to challenges in securing business continuity with Walmart Mexico. The company is considering selling its Mexico operations or developing new partnerships to maintain its 171 facilities in Walmart Mexico stores. Without a successful agreement or new partnerships, the company faces a potential wind-down of its Mexico operations.
More about Jack Nathan Medical
Jack Nathan Medical Corp. is a leading healthcare company operating one of the largest private healthcare networks in Mexico and a premier MedSpa operator in Canada. The company focuses on improving patient access by co-locating medical services within Walmart stores, offering a range of healthcare services through its 175 global locations, including 171 corporate-owned clinics in Mexico.
YTD Price Performance: 30.0%
Average Trading Volume: 3,275
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $722.6K
For a thorough assessment of JNH stock, go to TipRanks’ Stock Analysis page.