HSO 0.00% $2.46 healthscope limited.

April 16 (Reuters) - Australia's Healthscope Ltd (HSO) on...

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    April 16 (Reuters) - Australia's Healthscope Ltd (HSO) on Tuesday cut its fiscal 2019 hospital operating earnings guidance, citing weaker market conditions and a focus on public patient services.

    The company said it was now targeting hospital operating core earnings in a range of A$362 to A$376 million ($258.7 -$268.7 million), or a growth of 5 to 9 percent, from its initial target of at least 10 percent growth from 2018.

    Healthscope also said its shareholders would meet on May 22 to vote on a takeover bid from Canadian investment firm Brookfield BAMa.TO , which the board has recommended.

    ($1 = 1.3992 Australian dollars)

 
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