Shares in Healthscope Ltd hit a high of $5.28 last week on the ASX, when news broke about a possible takeover. Healthscope released a statement confirming that they have received a AUD$5.50 a-share takeover offer from a private equity consortium. This values the private hospital and pathology operator at AUD$1.74 billion. Melbourne based Healthscope have recommended that shareholders take no immediate action and said it would make a further announcement to the market "in due course".
Peak bodies outcry over Aged Care Taskforce silence: ‘no excuse for delay’
Catholic Health Australia, the peak body representing 350 Catholic Not For Profit aged care facilities, said there “is no excuse for delay” in the reform of aged care by adoption of the Aged Care Taskforce recommendations. “It’s been six months...