A consortium led by Calvary Health Care has secured control of Healthscope, a major private hospital operator in Australia. The group's bid was backed by lenders. Healthscope is now set to be split up as part of the acquisition. Creditors backed the bid, paving the way for the ownership change. Healthscope's operations will be split under the arrangement. Further details of the split plan have not been released.
Sources & References
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Healthco Healthcare And Wellness REIT Provides Healthscope Update - TradingView
Healthco Healthcare And Wellness REIT Provides Healthscope Update TradingView
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Major private hospital operator to be broken up after lenders back consortium bid - SMH.com.au
Major private hospital operator to be broken up after lenders back consortium bid SMH.com.au
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Consortium set to take over major Australian hospital operator - nine.com.au
Consortium set to take over major Australian hospital operator nine.com.au
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Calvary Health Care consortium wins the battle for Healthscope - AFR
Calvary Health Care consortium wins the battle for Healthscope AFR
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Calvary-led consortium wins control of Healthscope - The Australian
Calvary-led consortium wins control of Healthscope The Australian