Aevum reluctantly accepts Stockland takeover

Sep 23 2010 Updated July 4, 2023

The Weekly Source

1 min read

Aevum has declared Stocklands bid of $1.80 per share not fair but reasonable and has recommended short to medium term shareholder acceptance of the $268 million takeover offer. But in their statement to the ASX, Aevums board declared that no Director had decided to accept Stocklands offer, their reluctance towards the takeover loud and clear.

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

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Lauren Broomham

11 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

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Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

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Caroline Egan

09 Sep 2025

Opinion

200,000 village residents in assisted living and private aged care within 5 years? Yes

Grant Corderoy tells our private aged care breakfasts that the DMF is likely on the way out and up front membership is the only way to be able to deliver the staff and services this new customer will demand. There will 200,000 of these customers swamping village ‘beds’ in the next 60 months.

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Chris Baynes

08 Sep 2025

Aged Care Minister writes to remind providers of staff training obligations

The Minister for Aged Care Sam Rae has written to aged care providers reminding them of their legislated requirement to ensure staff receive training, including rostered paid time to fulfil the obligation.

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Pocock: Rationed home care “doesn’t make sense”

Following his Senate victory last week that forced the Government to commit to immediately releasing 20,000 Home Care Packages, ACT Senator David Pocock says he will continue to hold the Government to account on aged care.

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Caroline Egan

10 Sep 2025

Home Care

60% of CHSP clients still waiting on Home Care Packages, warns Community Vision CEO

Perth-based Not For Profit provider Community Vision says nearly 450 of its customers remain stuck on waitlists for Home Care Packages, despite being assessed as needing higher levels of care.

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Caroline Egan

10 Sep 2025

Home Care

Home care boards falling short on independent director rules, regulator finds

An Aged Care Quality and Safety Commission (ACQSC) review of 30 home care providers, conducted between April and June 2025, has identified the requirement to have a majority independent non-executive directors on the board as a key area of non-compliance.

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Caroline Egan

05 Sep 2025