Shares in Healthscope Ltd hit a high of $5.28 last week on the ASX, when news broke about a possible takeover. Healthscope released a statement confirming that they have received a AUD$5.50 a-share takeover offer from a private equity consortium. This values the private hospital and pathology operator at AUD$1.74 billion. Melbourne based Healthscope have recommended that shareholders take no immediate action and said it would make a further announcement to the market "in due course".
Government Policy
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.
