Brief: Tenet Healthcare To Sell Five Birmingham Hospitals To Orlando Health

Tenet Healthcare

05/08/2024 11:47

Aug 5 (Reuters) - Tenet Healthcare Corp  THC.N :
    * TENET HEALTHCARE TO SELL FIVE BIRMINGHAM HOSPITALS TO
ORLANDO
HEALTH
    * TENET HEALTHCARE CORP- PROPOSED DEAL FOR FOR APPROXIMATELY
$910
MILLION IN CASH
    * TENET HEALTHCARE CORP: REAFFIRMS LATEST FY24 ADJUSTED
EBITDA
OUTLOOK
    * TENET HEALTHCARE -ENETERED AGREEMENT WITH ORLANDO HEALTH
FOR
SALE OF TENET'S 70% MAJORITY OWNERSHIP INTEREST IN BROOKWOOD
BAPTIST HEALTH IN BIRMINGHAM
    * TENET HEALTHCARE CORP - ESTIMATES RECORDING A PRE-TAX BOOK
GAIN
OF APPROXIMATELY $375 MILLION AS A RESULT OF ANTICIPATED
TRANSACTION

Source text for Eikon:  ID:nBw2G4y3Qa 
Further company coverage:  THC.N 

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