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Announced

Little Company of Mary Health Care to acquire Japara Healthcare for $380m.

Synopsis

Little Company of Mary Health Care, a charitable Catholic not-for-profit organisation, providing acute health services, offered to acquire Japara Healthcare, an Australian aged care operator, for $380m. "Over the next few months, Japara will seek broad shareholder and court approval. While we still have a way to go, this is very encouraging and another step to further establish our integrated care model across residential, community and hospital services. Calvary is in an exciting phase of growth which includes playing our part in the future delivery of health, aged and community care services across Australia," Martin Bowles, Calvary National CEO.

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