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iSoft may make non-core disposals
19/06/2006
iSoft, the UK-listed company specialising in software for the healthcare sector, could reportedly dispose of some of its non-core assets. iSoft is currently in financial difficulty, with debt levels estimated to be between £76m and £200m by its broker Morgan Stanley. The company is set to make approximately 150 staff redundant, and could be forced to make further cost-cutting measures if it loses significant contracts.
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