Gateway receives non-binding, indicative takeover proposal from US Group Hometown
Our largest land lease community operator has received a proposal from the partnership which is offering $2.10 per share. Hometown…
Browsing: Acquisitions
RDNS SA (Silver Chain) secures contract for SA Govt’s home care services – now servicing 8,000 clients
The Not-For-Profit will take over the Government’s Domiciliary Care Services from 30 June 2018 after winning the tender announced in…
Japara starts construction of $30M apartment-style aged care facility on the Gold Coast
As we covered here, the listed provider secured the prime waterfront site at Robina, 16km from Surfers Paradise, in August…
SA Profit For Purpose ECH buys three micro retirement villages from KeyInvest
The Group has purchased three villages – Green Gate, St Georges and Beaumont – which comprise 24 units for an…
Japara settles $39M Riviera Health acquisition – “at little to no cost”
Japara says the purchase, after it has reconfigured the properties, has basically recovered its cost. As we reported here, the…
Singapore’s GIC and local partner form joint venture to acquire WA’s National Lifestyle Villages
The Singaporean sovereign wealth fund and its partner Tasman Capital have formed a new group Serenitas to acquire NLV’s eight…
New SA Liberal Government dumps ACH’s $200M aged care plan for Repatriation Hospital redevelopment
‘Save the Repat’ protestors have left their camp outside the SA Parliament after 161 days after the SA Health Minister…
Regis on track to meet target of 10,000 aged care beds
The ASX-listed operator has added 1,440 places since listing in 2014, completing five acquisitions all purchased from Not For Profits…
Gateway downgrades guidance for 2018 FY – blames downturn in housing market
The land lease developer has revised its expected new home settlements to 230-240 instead of the previous 250 as new…
Listed Zenitas acquires two home care providers in VIC and NSW
The community-based health care provider has paid $4 million for 100% of the shares in Australian Home Care Services (ACHS),…