Reuters May 8, 2023
Reporting by Ananya Mariam Rajesh in Bengaluru Editing by Vinay Dwivedi

Premier Inc (PINC.O) said on Monday its board was evaluating strategic alternatives and had established a special committee of independent directors for potential options, including a sale of part or all of the company.

Shares in the healthcare services provider, which said it would also consider recapitalization or other partnership opportunities, rose 6% in extended trading.

Premier, which purchases supplies on behalf of hospitals, said there can be no assurance that the review process would result in any transaction or strategic outcome.

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