Tenet Healthcare (THC) has released an update to notify the public and investors about its asset transaction finalization.
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Tenet Healthcare Corporation completed the sale of three South Carolina hospitals, affiliated physician practices, and related operations to affiliates of Novant Health for a base cash purchase price of $2.400 billion, subject to standard adjustments. Unaudited pro forma financial information concerning the sale has been filed in a Current Report.
For further insights into THC financials, check out TipRanks’ Financials page.
For a comprehensive understanding of the announcement, you can read the full document here.