BrightSpring Health Divests Community Living Business For $850 Million To Focus On Core Activities
1. BTSG sells Community Living for $835 million, enhancing core services. 2. Post-sale, operational efficiencies expected and revenue growth anticipated. 3. Transaction supports debt reduction, aiming for a low debt-to-EBITDA ratio. 4. 2025 revenue projections show growth despite lower consensus. 5. BTSG stock rises 13.6% after the sale announcement.