Despite the widely held view that Manchester Unity with ex-NSW Liberal leader John Brogden at the helm placed its small New South Wales village and care facilities on the market too late to achieve top dollar, a sale is rumoured to have been achieved and quite close to the asking price. The buyer is thought to be a Victorian operator that wants to build its presence in New South Wales.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
