Laidlaw rolls dice on health care

Article Abstract:

Laidlaw Inc of Burlington, Ontario, has announced its plans to sell its health care division and its 44% interest in Safety-Kleen Corp of Columbia, SC. The planned divestment is expected to yield net proceeds of more than $2 billion which the company said will be used to finance the expansion of its passenger bus operations. However, analysts believe that Laidlaw shares will remain volatile until the deal is finalized.

Waste Management and Remediation Services, Financial analysis, Pollution Control

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Laidlaw re-evaluating sale of health care units

Article Abstract:

Laidlaw Inc. is conducting a re-evaluation of its efforts to divest its struggling health care businesses. The company has been frustrated in attempting to sell its health care operations.

Strategy & planning, Health Care, Health Care and Social Assistance, HEALTH SERVICES, Planning, Health care industry, Medical care

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