Bain pursues buyout of Australia's Estia Health
Bain Capital has offered to acquire Australia-listed aged care provider Estia Health for AUD 775.1m (USD 517.4m).
The private equity firm has proposed to buy all of the shares in the company for AUD 3.00 apiece, a 28% premium to the closing price on March 23. The stock spiked 25% following the offer and was trading...
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