Announced
Financials
Sources
Tags
Majority
Public
Domestic
Single Bidder
Friendly
Pending
Health Care Services
aged care
Australia
Acquisition
Synopsis
Bolton Clarke Group, an experienced not-for-profit providers of independent living services for older Australians and anyone who needs our help in achieving the best possible quality of life and independence, offered to acquire Japara Healthcare, an Australian aged care operator, for $320m. Japara Healthcare has not yet formed a view on the merits of the proposal from Bolton Clarke Group. As such, the company is taking time to review the proposal, within the context of various outside factors, such as expected improvements in trading conditions.
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