【gnats in alabama】Australia's Healthscope recommends Brookfield deal, shares surge
(Recasts,gnats in alabama adds context, share movement)
Feb 1 (Reuters) - Australian hospital operator Healthscope Ltd said on Friday it had recommended a A$4.35 billion ($3.2 billion) takeover offer from Canadian investment firm Brookfield, taking its shares to an eight-month high.
After months of negotiations and counter bids from a rival consortium, Healthscope said it had entered a scheme of arrangement with Brookfield under which the Canadian company was offering A$2.5 for each share in Healthscope, slightly less than the A$2.585 per share it had offered in December.
Brookfield said it had also launched an off-market takeover offer for Healthscope for about A$2.4 per share.
Brookfield had topped an offer from a consortium backed by Australian private-equity firm BGH Capital and AustralianSuper. Healthscope had then agreed to indulge in due diligence with Brookfield.
Healthscope separately said the BGH Consortium had indicated it could improve its offer.
Healthscope's shares were as much as 3.8 percent higher at A$2.45, out-performing the broader market.
The company also said it had entered agreements to sell 22 properties to Medical Properties Trust and Northwest Healthcare Properties for about A$2.5 billion, on the condition that ownership of Healthscope passed to Brookfield.
($1 = 1.3755 Australian dollars) (Reporting by Ambar Warrick in Bengaluru; Editing by Stephen Coates)
View comments
相关推荐
- Analysts Just Slashed Their China Cinda Asset Management Co., Ltd. (HKG:1359) EPS Numbers
- Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Groupon, Inc. (GRPN)
- Euro zone yields rise as investors turn cautious on economic outlook
- What Does Success Look Like for a Climate Czar?
- Margaux Resources Announces Collaboration with GoldSpot Discoveries and Spring Work Program on Cassiar Gold Project
- ROSEN, INVESTOR COUNSEL, Reminds Beyond Meat, Inc. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses In Excess of $500K to Contact Firm - BYND
- What Does Success Look Like for a Climate Czar?
- Suzan Craig and Tahi Restore Nature and Make 100 Percent Natural, Genuine Honey