Latest news with #Sante
Reuters
27-02-2025
- Business
- Reuters
Australia's Ramsay Health Care mulls potential sale of European arm
Feb 27 (Reuters) - Ramsay Health Care ( opens new tab has appointed Goldman Sachs to look at strategic options for its stake in its European division following an internal review, the Australian private hospital operator said on Thursday, hinting at a potential sale. The decision comes on the heels of management changes made earlier this year, including its group finance chief stepping down with a successor yet to be named and plans to boost the company's core Australian hospital business. The decision to explore options for Ramsay Sante, the European division, was "in line with the refocus of its strategy". "There are multiple factors that may influence timing and outcomes of this process. All strategic options need to take into account Ramsay Sante's shareholding structure," Ramsay Health Care, the country's largest independent hospital operator, said in a statement. Sante, a private healthcare operator in Europe with its services spread across France, Italy, Norway, among others, has been underperforming for a while now. The division recorded a net loss of 43.1 million euros ($45.11 million) in its half-yearly results earlier this week. Ramsay Health Care owns around 52.8% of Ramsay Sante while Predica, a unit of French international banking group Credit Agricole, holds 39.8% of ownership. A potential divestment of Sante would bode well for Ramsay Health Care, said Luke Winchester, portfolio manager at Merewether Capital. "It has been a headache for management for some time, new executive team is in place and they have the opportunity to start fresh." The Australian parent reported it swung to a first-half net loss with poor results at Ramsay Sante and Elysium weighing on its bottom line. A sale could also see Ramsay returning some capital to shareholders, added Winchester. Ramsay's stock closed nearly 7% higher on Thursday, having risen as much as 16.7% earlier in the day, marking its best intraday percentage gain since April, 2022. ($1 = 0.9554 euros)
New York Times
18-02-2025
- Entertainment
- New York Times
A Soundtrack to a Fabulous Memoir Crackling With Music
Image Françoise Hardy holds special meaning for the writer Lucy Sante. Credit... Evening Standard/Hulton Archive, via Getty Images I read a lot of books about music. When I'm really enjoying one, sometimes I'll make a playlist of songs mentioned in its pages to stave off that bittersweet feeling that always comes upon finishing a satisfying read. That way, I can always crawl back into a book's atmosphere just by pressing play. The book that inspired today's playlist, the cultural critic Lucy Sante's 'I Heard Her Call My Name,' isn't about music per se. As its subtitle attests, it is mostly 'a memoir of transition,' centered around Sante's decades of gender dysphoria and her eventual coming out as a trans woman in 2021, in her late 60s. The experience 'cracks open the world' for her, as she eloquently puts it. I found it a gorgeously written, admirably honest book, and I'm not alone in that opinion: The New York Times Book Review named 'I Heard Her Call My Name' one of the 10 best books of 2024, and in a laudatory review, Dwight Garner wrote of Sante, 'Her sharpness and sanity, moodiness and skepticism are the appeal.' But another potent part of the book's appeal is the way Sante depicts culture — and music in particular — playing a vital role in her lifelong journey to becoming more herself. (That she is such a sharp cultural observer will come as no surprise to anyone who has read any of her other books, like the New York chronicle 'Low Life' or the collection 'Kill All Your Darlings.') Eye-opening avant-garde art beckons her to New York as a teenager, and the pulsating sounds of the city — from groundbreaking artists like ESG and Grandmaster Flash — provide a soundtrack to her 20s and 30s. Sante uses music to bring long-gone New York haunts back to life (like a certain bar where the Fall is always on the jukebox) and, eventually, thanks to her childhood idol Françoise Hardy, to arrive at the version of femininity that resonates most deeply with her. If you haven't read this book yet, I highly recommend it. And if you have, may this playlist bring you back to the distinct atmosphere between its pages. Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Thank you for your patience while we verify access. Already a subscriber? Log in. Want all of The Times? Subscribe.
