Healthscope asks shareholders to vote

Company News

by Rachael Jones

Healthscope (ASX:HSO) Chairman Paula Dwyer has sent a letter to shareholders asking them vote on a proposed scheme of arrangement under which Brookfield will acquire all of the shares in Healthscope for $2.465 per share.

This consideration is in addition to the fully franked interim dividend of $0.035 per share paid to Healthscope shareholders on 26 March 2019.

The board of the private hospital owner and operator unanimously recommends that shareholders vote in favour of the scheme.

If the Scheme is approved by Healthscope shareholders, the Second Court Hearing will take place on Friday at the Federal Court of Australia.

Shares in Healthscope (ASX:HSO) are trading 0.2 per cent lower at $2.46.
 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.