NZE:GXH

4 stories mentioning NZE:GXHUpdated 16d ago

Every FINWIRES story that references NZE:GXH, newest first.

NZX Midday Sector Update: Retail Trade Shares Rise, Finance Declines

Retail trade shares gained the most on New Zealand's Exchange, rising past 1% by midday Tuesday.Shares of Green Cross Health (NZE:GXH) surged 40% in recent trade.The company on Tuesday said it has entered into a conditional agreement to sell its medical division, The Doctors, to Tend Health for NZ$270 million, subject to adjustments for net debt and working capital.Meanwhile, the finance sector declined by more than 2%.Infratil (NZE:IFT, ASX:IFT) was down almost 1% in recent trade after the company said it launched an offer of up to NZ$150 million of unsecured, subordinated capital bonds due 2057 to investors in New Zealand.

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Asia16d ago

Green Cross Health Exits Medical Division in NZ$270 Million Deal With Tend Health

Green Cross Health (NZE:GXH) has entered into a conditional agreement to sell its medical division, The Doctors, to Tend Health for NZ$270 million, subject to adjustments for net debt and working capital, according to a Tuesday filing with the New Zealand bourse.The Doctors runs 65 clinics across New Zealand and provides primary care to more than 400,000 enrolled patients, making it the country's largest enrolment-based general practice network, per the filing.The transaction is subject to shareholder approval at a meeting scheduled for July, and if approved, is expected to close by the end of that month, the filing said.The proceeds may be allocated to enhancing the company's pharmacy operations or distributed to shareholders, the filing added.

NZE:GXH

Asia20d ago

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.Tourism Holdings (NZE:THL): +22%, NZ$2.69Santana Minerals (NZE:SMI): +9%, NZ$0.68Green Cross Health (NZE:GXH): +5%, NZ$1.51EROAD (NZE:ERD): +5%, NZ$1.04Pacific Edge (NZE:PEB): +4%, NZ$0.28Michael Hill International (NZE:MHJ): +3%, NZ$0.40Serko (NZE:SKO): +3%, NZ$1.64Precinct Properties NZ (NZE:PCT): +2%, NZ$1.03PGG Wrightson (NZE:PGW): +2%, NZ$2.09Auckland International Airport (NZE:AIA): +2%, NZ$8.36

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Asia65d ago

Green Cross Health Confirms Talks Over Potential Sale of Medical Division

Green Cross Health (NZE:GXH) confirmed it is in discussions with third parties regarding a potential sale of its medical division, following a recent media report, according to a Tuesday filing with the New Zealand bourse.The company said that discussions are ongoing, but there is no certainty they will result in a transaction.

NZE:GXH

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