New Zealands Overseas Investment Office (OIO) has approved a deal for Australia's QPE Funds Management to buy out AMP Capital Investors' stake in Summerset in a $100 million retirement village deal. Summerset is New Zealand's third-largest largest retirement village developer and the operator behind NZX-listed businesses Ryman Healthcare and Metlifecare. QPE now has full control of Summersets management company.
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...