Archive
Ramsay completes Proclif acquisition in France for $142 million
Apr 05 2010
1 min read
The Weekly Source

Ramsay Health Care Ltd has completed its acquisition of French private hospital operator Groupe Proclif SAS (Proclif). Australia's largest private hospital operator agreed to acquire 57% stake in Proclif for $142 million in January this year. Predica, a personal insurance subsidiary of Credit Agricole, holds the remaining 43%t. Ramsay will work with Predica to grow a quality portfolio of hospitals in the French acute care sector.

Latest stories

The Weekly SOURCE

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

Ian Horswill
9 hours ago
Community Living

SATURDAY is your water cooler talking point: Odyssey’s new direction

When Odyssey Lifestyle Care Communities began planning its $150 million Chevron Island project, it leaned on trusted tier-one contractors. For its future pipeline, the operator is taking a new path. CEO Aaron Lavell talks exclusively to SATURDAY...

Ian Horswill
15 Sep 2025
The Weekly SOURCE

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

Ian Horswill
15 Sep 2025
The Weekly SOURCE

Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

Ian Horswill
15 Sep 2025