
PEP to buy Australia's LifeHealthcare
Pacific Equity Partners (PEP) has agreed to buy listed Australian medical devices manufacturer LifeHealthcare for an enterprise valuation of approximately A$211 million ($166 million).
The private equity firm will pay A$3.75 per share in cash through a scheme of implementation. The agreement includes the payment of an interim dividend and a special dividend. The offer represents a 46%...
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