China’s $2b swoop on health giant

Original article by Carrie LaFrenz
The Australian Financial Review – Page: 1 & 6 : 4-Jan-19

Shares in pathology, imaging and medical centres operator Healius closed 7.8 per cent higher at $2.63 on 3 January, in response to a takeover bid from Jangho Group. The Chinese company already has a 15.93 per cent stake in Healius and is offering $3.25 per share. Healius, which changed its name from Primary Health Care in late 2018, has advised shareholders to take no action regarding the unsolicited offer at present. It has stressed that Jangho’s approach may not necessarily result in a deal.

CORPORATES
HEALIUS LIMITED – ASX HLS, JANGHO GROUP, VISION EYE INSTITUTE LIMITED, MONASH IVF GROUP LIMITED – ASX MVF, HEALTHSCOPE LIMITED – ASX HSO, MACQUARIE GROUP LIMITED – ASX MQG, CHEUNG KONG INFRASTRUCTURE HOLDINGS LIMITED, APA GROUP – ASX APA, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED – ASX API, SIGMA HEALTHCARE LIMITED – ASX SIG, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIA. FAIR WORK COMMISSION, KING AND WOOD MALLESONS, UBS HOLDINGS PTY LTD

Sonic hit by Medicare co-payment concerns

Original article by Jessica Gardner
The Australian Financial Review – Page: 19 : 18-Feb-15

Sonic Healthcare has posted a 2014-15 interim profit of $A174m, which is 1.9 per cent lower than previously. EBITDA of $A344m was in line with the previous corresponding period, but CEO Colin Goldschmidt anticipates full-year growth of 2-4 per cent. He notes that uncertainty about Medicare co-payments affected the group’s pathology business in the first half. Sonic shares closed 0.2 per cent lower at $A18.91 on 17 February 2015

CORPORATES
SONIC HEALTHCARE LIMITED – ASX SHL, INDEPENDENT PRACTITIONER NETWORK LIMITED, MEDIBANK PRIVATE LIMITED – ASX MPL, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIAN ETHICAL INVESTMENT LIMITED – ASX AEF