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Victorian hospital provider, Healthscope, shares jumped 17% with news of takeover bid

1 min read

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".


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