BRIEF-Medical Properties Trust Announces Prospect's Binding Agreement To Sell Managed Care Business To Astrana Health-March 2024-www.financetom.com

BRIEF-Medical Properties Trust Announces Prospect's Binding Agreement To Sell Managed Care Business To Astrana Health

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BRIEF-Medical Properties Trust Announces Prospect's Binding Agreement To Sell Managed Care Business To Astrana Health

Nov 9, 2024 1:07 PM

Nov 8 (Reuters) - Medical Properties Trust Inc ( MPW ):

* MEDICAL PROPERTIES TRUST ANNOUNCES PROSPECT'S BINDING

AGREEMENT

TO SELL MANAGED CARE BUSINESS TO ASTRANA HEALTH

* MEDICAL PROPERTIES TRUST INC ( MPW ) - EXPECTS $200 MILLION IN

CASH

PROCEEDS

* MEDICAL PROPERTIES TRUST INC ( MPW ) - ASTRANA HEALTH TO PURCHASE

PROSPECT'S MANAGED CARE PLATFORM FOR $745 MILLION

* MEDICAL PROPERTIES TRUST INC ( MPW ) - MAJORITY OF CASH EXPECTED

FIRST HALF OF 2025

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