
Bain set for $630m buyout of Australia's Estia Health

Bain Capital has won board approval to acquire Australia-listed aged care provider Estia Health through a scheme of implementation that gives the business an enterprise value of approximately AUD 959m (USD 630m).
The private equity firm will buy all outstanding shares for AUD 3.20 apiece, with an adjustment to account for future dividend payments. This represents a 50% premium to the closing price on March 21,...
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