Life Healthcare appoints banks to evaluate offers for European subsidiary

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Life Healthcare appoints banks to evaluate offers for European subsidiary
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Barclays and Goldman Sachs will help to analyse unsolicited bids for Alliance Medical Group (AMG)

Private hospital operator Life Healthcare has appointed Barclays and Goldman Sachs to evaluate unsolicited offers to buy its diagnostic imaging services subsidiary Alliance Medical Group .

But the company, valued at R24.89bn on the JSE, said that it is confident in the wholly owned subsidiary, adding it is “strategically important” to the group...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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