Private hospital operator Healthscope
(ASX:HSO) has agreed to a buyout offer from Canadian asset manager Brookfield.
The sale has an implied equity value of $4.375 billion.
Healthscope's Chairman, Paula Dwyer, says: "Having fully considered a range of alternatives, the Board unanimously concluded that the Brookfield Transaction is in the best interests of our shareholders.”
Under the Scheme of Arrangement, Healthscope shareholders will be entitled to $2.50 per share.
Shares in Healthscope
(ASX:HSO) are trading 3.6 per cent higher to $2.44.
