Topic - acquisitions
The Australian: takeover rumours swirl as listed aged care providers’ shares continue to “tread water”

Following last week’s speculation that major Aveo shareholder Mulpha is likely to take out village operator Aveo, the News Corp paper has named CVC Group, TPG Capital, The Carlyle Group, Adamantem, Kohlberg Kravis Roberts and Brookfield all potential takeover options for one of the listed aged care providers.

Its Dataroom section is reporting that the private equity funds have all been re-engaging with consultants to gain insights into the industry as aged care share prices continue to tread water.

Takeovers by the big funds are nothing new for the sector. In the past, Archer Capital, Quadrant Private Equity, Pacific Equity Partners and Adamantem have all acquired aged care assets.

With the likelihood that the Labor Party will be elected to Government in 2019, will the lure of more potential funding spur a bid?

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