Healthscope extends exclusive talks with Brookfield: Reuters
Australia's Healthscope Ltd said it has extended exclusive takeover talks with suitor Brookfield Asset Management by a month, and that a rival suitor remained interested, potentially re-igniting a bidding war, Reuters reported. The private hospital operator has not yet committed to a binding A$4.5 billion (US$3.2 billion) offer from the Canadian investment firm. Healthscope also said rival bidder BGH Capital and its partners, which reportedly include Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan, were prepared to commence due diligence even though their A$2.36 per share indicative offer was rejected as “less attractive”.
21 December 2018•2 mins read
