Original article by Jessica Gardner, Sarah Thompson, Anthony Macdonald
The Australian Financial Review – Page: 15 & 22 : 27-Apr-18
Private hospital operator Healthscope has received a $A4.1 billion takeover bid from a private equity consortium led by BGH Capital. Other members of the consortium include AustralianSuper and the Ontario Teachers’ Pension Plan Board. They are offering $A2.36 per share in cash, as well as taking on around $A1.7 billion in debt. Australian Ethical Investment fund manager Andy Gracey considers the bid to be "opportunistic", but one that investors with a more short-term view may consider.
HEALTHSCOPE LIMITED – ASX HSO, BGH CAPITAL PTY LTD, AUSTRALIANSUPER PTY LTD, ONTARIO TEACHERS’ PENSION PLAN, AUSTRALIAN ETHICAL INVESTMENT LIMITED – ASX AEF, GIC PRIVATE LIMITED, CANADA PENSION PLAN INVESTMENT BOARD, TELSTRA CORPORATION LIMITED – ASX TLS, WATERMARK FUNDS MANAGEMENT PTY LTD, HYPERION ASSET MANAGEMENT LIMITED, ELLERSTON CAPITAL PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, SUMITOMO CORPORATION