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

Reuters

2024-11-08

Nov 8 (Reuters) - Medical Properties Trust Inc :

* MEDICAL PROPERTIES TRUST ANNOUNCES PROSPECT’S BINDING AGREEMENT TO SELL MANAGED CARE BUSINESS TO ASTRANA HEALTH

* MEDICAL PROPERTIES TRUST INC - EXPECTS $200 MILLION IN CASH PROCEEDS

* MEDICAL PROPERTIES TRUST INC - ASTRANA HEALTH TO PURCHASE PROSPECT'S MANAGED CARE PLATFORM FOR $745 MILLION

* MEDICAL PROPERTIES TRUST INC - MAJORITY OF CASH EXPECTED IN FIRST HALF OF 2025

Source text: Further company coverage:

(Reuters.Briefs@thomsonreuters.com)

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