BRIEF-Brightspring Health Services Enters Into Definitive Agreement To Divest Community Living Business To Sevita

Reuters
21 Jan
BRIEF-Brightspring Health Services Enters Into Definitive Agreement To Divest Community Living Business To Sevita

Jan 20 (Reuters) - Brightspring Health Services Inc BTSG.O:

  • BRIGHTSPRING HEALTH SERVICES, INC. ENTERS INTO DEFINITIVE AGREEMENT TO DIVEST COMMUNITY LIVING BUSINESS TO SEVITA; REPORTS PRELIMINARY 2024 FINANCIAL RESULTS AND PROVIDES 2025 GUIDANCE EXCLUDING COMMUNITY LIVING

  • BRIGHTSPRING HEALTH SERVICES INC - TO DIVEST COMMUNITY LIVING BUSINESS TO SEVITA FOR $835 MILLION

  • BRIGHTSPRING HEALTH SERVICES INC - TRANSACTION EXPECTED TO RESULT IN $715 MILLION AFTER-TAX CASH PROCEEDS

  • BRIGHTSPRING HEALTH SERVICES: DIVESTURE EXPECTED TO INCREASE COMPANY REVENUE AND EBITDA GROWTH RATES AND CASH CONVERSION

  • BRIGHTSPRING HEALTH SERVICES INC: PRELIMINARY 2024 NET REVENUE OF $11,200 MILLION TO $11,300 MILLION

  • BRIGHTSPRING HEALTH SERVICES INC OUTLOOK FY 2025 NET REVENUE $11,500 MILLION - $12,000 MILLION EXCLUDES COMMUNITY LIVING BUSINESS

  • BRIGHTSPRING HEALTH SERVICES: TRANSACTION EXPECTED TO BE ACCRETIVE TO BOTH CO & PROVIDER SERVICES REVENUE GROWTH & ADJUSTED EBITDA GROWTH

Source text: ID:nGNX605g7l

Further company coverage: BTSG.O

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10