Its understood privately-held Japaras main lender, the ANZ, which banks a large chunk of the aged care sector, is driving the sale process of the aged care business. Final bids for Japara were submitted to its adviser UBS on Friday last week. According to the Australian newspaper, Healthscope has declined to comment on whether it put in a bid but Bupa Care Services have stated that while it has looked at the Japara prospectus, it refrained from putting in a bid.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...