Life Healthcare to bring $750m rights issue for UK acquisition
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EquityFollow-ons and Rights issues

Life Healthcare to bring $750m rights issue for UK acquisition

Shares in Life Healthcare, one of South Africa’s leading private hospital operators, rose 1.5% on Tuesday after it said it would raise R10.7bn ($756m) in a rights issue to reduce its leverage after buying Alliance Medical Group, the UK provider of diagnostic imaging services.

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