New boutique operator Carino Care takes over Ark Health Care’s remaining Sydney facilities
As we covered here, Not For Profit Anglicare acquired Ark’s Parramatta aged care facility in July after Nine News revealed…
Browsing: Acquisitions
“Best and final offer”: Hometown says it will not raise $2.25 cash offer for LLC operator Gateway
With no rival bidders in play, the Australian arm of the US housing operator Hometown America says that the offer…
Chinese property developer Boyuan Holdings denies discussions with Quadrant over land lease community assets – but admits there is “market interest”
The ASX-listed developer says it has not held discussions with the Sydney-based private equity firm or any other private equity…
Freemasons SA struggle with $50M cash from retirement village sale
Following the sale of its eight Masonic homes’ retirement villages to Stockland in 2015 for $75.8 million, Freemasons SA has…
America’s Hometown last man standing to require LLC operator Gateway
After forcing Hometown to up its bid price from $635 million to $715 million, the Canadian group Brookfield has abandoned…
VIC: Anglican Bishop-backed merger of controversial ‘flu’ aged care home faces backlash from community and board – $9M in play
A proposed merger of aged care homes Kellock Lodge in Alexandra and St John’s Village in Wangaratta – where 10…
IRT Group purchases Merimbula Home Nursing Service (MHNS) on NSW South Coast
Another week, another merger. This time IRT has agreed to buy MHNS, which has been providing home care services in…
VIC: Benetas makes $60M commitment to Macedon Ranges Health in merger
MRH is one of regional Victoria’s biggest independent community health and aged care providers. A sign of the times, with…
St Vincent’s Care Services steps in to keep Catholic aged care home in Melbourne open
Another ‘merger’. This time the 91-bed Mary MacKillop Aged Care facility in Hawthorn East will be rebranded as St Vincent’s…
Mercy Health and Southern Cross Care (Vic) announce merger
The announcement comes 18 months after the idea was first floated in 2016 and makes the group one of the…