US hospital operator Tenet Healthcare Corp is reportedly one of the bidders with an offer on the table for private hospital owner Healthscope Ltd
(ASX:HSP).
According to Reuters, Tenet did not give an indication of how much it is offering and says that talks are in the preliminary stages at the moment.
Reuters reports Tenet saying that it has a policy of not commenting on possible acquisitions but decided to announce its intentions towards Healthscope because of the recent volatility in its stock.
According to the report, the US hospital operator says it believes the potential acquisition of Healthscope would improve its margins and growth rates.
On Monday, Healthscope announced that it had received two takeover offers since last Friday that rivalled one made by a consortium on May 20.
The company said it will thoroughly examine each offer and make no further announcement until it had secured an offer worth recommending to shareholders.
Healthscope booked a profit of $72.29 million for the year to June 30, 2009.