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Article: BUSINESS IN ASIA TODAY - APRIL 14, 2005.

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AsiaPulse News
Article date:
April 14, 2005
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Business in Asia on April 14, 2005. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

AUSTRALIA'S RAMSAY HEALTH ACQUIRES AFFINITY HEALTHCARE FOR US$1.1 BLN

SYDNEY - Ramsay Health Care Ltd (ASX:RHC) today acquired Affinity Healthcare Ltd (ASX:AFYHA) for a total purchase price of approximately A$1.4 billion (US$1.1 billion). The acquisition of Affinity will create Australia's largest private hospital company. Ramsay said the addition of Affinity's hospitals provides a unique opportunity to expand significantly through one transaction. Ramsay ...

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