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".


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
