EBITA operating margins = 51%Why are the owners selling something this lucrative?
CML bought overpriced US clinic assets and got whacked when CT fees were cut almost immediately after purchase. Sold the same assets with 60% discount a year later. This very stupid purchase was made possible via a bought PP using OPM (other people's money) when CML shares were at an all time high. Suckers never learn! The orignal sellers knew a pigeon when they saw one and laughed all the way to the bank. At least CML had a lucrative, albeit hard capped, Lab business to fall back on.
KMH did the same stupid thing. At least Alaris Inc. knew what to do when the schiatt hit the fan, but nevertheless was initialily sucked in by the same stupid idea that health care delivery can be scaled. KMH got liquidated.