Australia's Jayex Healthcare rises on deal to sell business segment to Vitalhub
13/04/2021 03:32
** Healthcare services platforms provider Jayex Healthcare
Ltd JHL.AX gains as much as 12.8% to A$0.053
** Co to sell its Acute (hospital) queue management business
to Canada-based medical technology company Vitalhub for 1.3 mln
euros ($1.55 mln) plus earn out of up to 1 mln euros
urn:newsml:reuters.com:*:nASX5w4Xj3
** Jayex says it will retain all IP and ownership of the
Enlighten technology stack
** Says funds will be used for development of NZ-based
cannabis subsidiary
** About 1.7 mln shares change hands, compared with the
30-day average volume of about 573,000 shares
** JHL had risen 20.5% this year, as of last close
($1 = 0.8405 euros)
(Reporting by Aditya Munjuluru in Bengaluru)
((aditya.srivastsav@thomsonreuters.com))