Stocks of the Hour: Ramsay Healthcare, Orica & Centuria Office REIT

Ramsay Healthcare (ASX:RHC) has inked a deal to buy UK-based mental healthcare provider Elysium Healthcare for $1.4 billion from private equity firm BC Partners. The healthcare giant said the acquisition is slated to provide a leg into the growing UK mental health hospital market. Shares in Ramsay Health Care (ASX:RHC) are trading 0.4 per cent lower at $69.21.

Orica (ASX:ORI) has unveiled its plans to sell its Minova business to a European based investment firm, Aurelius Group for $180 million. This follows explosive company’s announcement in May this year of its intentions to pursue a sale. Shares in Orica (ASX:ORI) are trading 0.1 per cent higher at $13.92.

Centuria Office REIT (ASX:COF) has upgraded its financial year 2022 guidance after one of its clients renewed its lease for another three years in Queensland. The renewal, alongside other agreed leases, increased the building’s occupancy to 100 per cent. Shares in Centuria Office REIT (ASX:COF) are trading 0.9 per cent lower at $2.33.

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Source: Finance News Network