Healthscope in $4.4b takeover offer

Company News

by Rachael Jones

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.

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