Announced

NZ Super and OTPP to acquire Healthscope's New Zealand pathology business for $364m.

Synopsis

NZ Super, a sovereign wealth fund, and Ontario Teachers' Pension Plan, a pension fund, agreed to acquire the New Zealand pathology business from Healthscope, a private healthcare provider, for $364m. “We’re pleased to return this asset to part local ownership, and continue our strong investment into New Zealand. The super fund has been looking at opportunities to invest into the healthcare sector, where we can bring together our investment expertise and external partnerships to drive innovation and add long-term value to the business,” Stephen Gilmore, NZ Super Fund CIO.

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