Bain’s Estia Health reportedly seeking supersize merger
Earlier this month, Street Talk speculated Pacific Equity Partners (PEP), which owns 50% of Opal HealthCare, was considering a move on Estia.
Mergers & Acquisitions
Buyer revealed in $35M sale of Ryman’s Moondah Estate
The Weekly SOURCE reported Ryman Healthcare ended its long-planned village at Moondah Estate, Mt Eliza, on 8 December. Ryman paid a reported $37.5 million for the former Melbourne Business School campus in 2016.
Exclusive: Scalabrini Communities moves into South Australia
The acquisition represents more than a 25% increase to its residential care portfolio and a fivefold lift in home care services.
Why Respect is spending $5M on its Kagoorlie WA aged care home
The cost to build is $128,000 per bed, far lower than costs to build new, which can range up to $800,000 per bed for new builds in regional areas.
More Posts