GenesisCare files for Chapter 11 bankruptcy, seeks to offload U.S. operations
Cancer treatment provider GenesisCare filed for Chapter 11 bankruptcy protection in the Southern District of Texas on Thursday and looks to sell its underperforming U.S. operations. Sydney, Australia-based GenesisCare said in a news release it is restructuring the business, including $1.7 billion in debt, to separate U.S. operations from those in Australia, Spain and the…
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