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EMEIS Emeis SA News Story

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HealthcareHighly SpeculativeMid CapTurnaround

Emeis shares soar after debt-cutting move

** Shares in emeis EMEIS.PA, formerly knows as Orpea, rise around 10% to their highest since August

** The company, which specialises in elderly care, said it would set up a real estate company with partners, allowing it to reduce its debt

** Up to the previous session's close, shares were up 100.5%​ YTD; if gains hold they will see their biggest one-day rise since late July

($1 = 0.8482 euros)

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))

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