CPPIB, OTPP part of $3.1 bln bid for Australia's Healthscope: Reuters
Australian hospital operator Healthscope Ltd said it had received a US$3.1 billion buyout approach from a new but high-profile domestic private equity firm and its consortium partners just four years after listing, Reuters reported. The indicative offer, one of the highest for an Australian company in the past year, is an audacious debut for BGH Capital. AustralianSuper, the country’s second-biggest pension fund investor, is part of BGH’s consortium and has an existing stake of 14 percent in Healthscope. The group also includes Canada Pension Plan Investment Board, Ontario Teachers’ Pension Plan and Singapore’s GIC, according to a separate regulatory filing.
26 April 2018•3 mins read
