Skip to main content

Healthscope on possible 2.7 Biilion takeover by TPG and carlyle

With 44 private hospitals spread throughout every Australian state and territory, Healthscope is the country’s second largest private healthcare provider behind Ramsay Health.

The big private hospital operator Healthscope has squeezed out of its two suitors, TPG and Carlyle, the biggest private equity takeover in more than four years. Healthscope announced yesterday that after an exhaustive three-month process it would recommend that shareholders accept a $6.26 a share cash offer worth $2.7 billion from the pair, representing a 16 per cent premium on the closing price of $5.40 on Friday.

takeover company healthscope

John Durie: "The Healthscope deal makes more sense from the perspective of a private equity manager with the need to spend money than it does from a value perspective... It is the need for private equity managers to invest money at seemingly any cost to maximise their own fee earnings."

Healthscope- About

Healthscope is a leading private health care provider within Australia that uniquely operates in every State and Territory, as well as in Asia. Our reach of facilities around the country firmly places Healthscope as the second largest private hospital provider operating 44 private hospitals. The company includes a leadingpathology business with facilities in Australia, New Zealand, Singapore and Malaysia; a growing medical centres division with over 45 clinics; and a diagnostic imaging division centred in major hospitals
www.healthscope.com.au

Texas Pacific Group (TPG) and the Carlyle Group are two of the world’s largest private equity firms, together managing over $US135 billion in equity capital. This is the largest private equity takeover of a publicly listed company in nearly four years

 

The takeover bid, pitched at $1.99 billion plus debt of $700 million, puts an enterprise value of $2.7 billion on Healthscope and is equivalent to a forward enterprise value/EBITDA multiple of roughly 10 times.

Comments

  1. Rashidajone3:59 AM

    hank you for such a fantastic blog. Where else could one get this kind of info written in such an incite full way? I have a presentation that I am just now working on, and I have been looking for such information.


    Penny Stocks

    ReplyDelete
  2. Dear Visitor,
    Market is showing some good move. Nifty traders are now confused if they should go short in Nifty from current level of 5400 or should go further long. NSE and BSE are the two major stock exchanges of Indian stock market.

    Keeping in mind that many investors and traders are very much confused with the current market move, we have stared posting Free technical research reports
    . These reports are highly accurate and are available for free.

    Regards

    Stock market investment if done with proper research and updated knowledge than it can give very lucrative results. There are four basic golden rules of stock market which are to be followed
    (thebuzzingstreet1@gmail.com)http://www.buzzingstreet.com

    Technical research report, Nifty levels, Stock market tips, Share market articles all available on site for free. We deliver high accuracy in our stock tips. Visit us at www.Buzzingstreet.com for more details

    We will be discussing the various benefits of speed trading and its various coefficients using which one can make the most out of their investments in the Indian stock market including both Nifty and Sensex (NSE and BSE)

    ReplyDelete
  3. Dear Visitor,
    Market is showing some good move. Nifty traders are now confused if they should go short in Nifty from current level of 5400 or should go further long. NSE and BSE are the two major stock exchanges of Indian stock market. Keeping in mind that many investors and traders are very much confused with the current market move, we have stared posting " title="technical research reports"> technical research reports These reports are highly accurate and are available for free.

    Regards
    Stock market investment if done with proper research and updated knowledge than it can give very lucrative results. There are four basic golden rules of stock market which are to be followed. (thebuzzingstreet1@gmail.com)www.buzzingstreet.com

    Nifty is on its peak now and is turning volatile. Investors are suggested to book long delivery positions soon. As after some more upmove we can see profit booking in the market soon. Investors are suggested to grab quality stocks at lower level again.

    ReplyDelete
  4. Hi,
    Seems like it’s a nice blog. So let us also add something useful in it. Trading in volatile market can be very fruitful also if we follow technical levels closely. It’s a common saying that stock market can change fortune in either way. But now the question is how to earn money from the Indian stock market.

    Traders are advised to strictly follow technical analyses and investors can follow fundamental analysis. Many analysts say it’s not wise to follow technical and fundamental analysis together. But we say what the problem is if one does so? As more knowledge will add up things will not have any negative impact.

    Regards
    . Sharetipsinfo Team

    ReplyDelete
  5. Hi,
    Seems like it’s a nice blog. So let us also add something useful in it. Trading in volatile market can be very fruitful also if we follow technical levels closely. It’s a common saying that stock market can change fortune in either way. But now the question is how to earn money from the Indian stock market.

    Traders are advised to strictly follow technical analyses and investors can follow fundamental analysis. Many analysts say it’s not wise to follow technical and fundamental analysis together. But we say what the problem is if one does so? As more knowledge will add up things will not have any negative impact.

    Regards
    . Sharetipsinfo Team

    ReplyDelete
  6. NSE and BSE have many listed stocks, Let

    Sharetipsinfo research best profitable stocks for you.

    Our accuracy speaks for us

    ReplyDelete
  7. I positively venerate celebration of a mass your blog posts, a accumulation of essay is smashing.This blog as common was educational,we have had to bookmark your site as well as allow to your feed in ifeed. Your thesis looks lovely.Thanks for sharing.

    Regards:

    Nifty Option Tips

    ReplyDelete
  8. Many investors are shifting their focus from equities and derivatives. Now a day’s commodity segment is quite booming segment which offers great returns. commodity traders have one more advantage and that is time frame. Commodity market is open for quite long trading hours d is giving high returns too.
    http://www.sharetipsinfo.com/market-expectations-2012.html

    ReplyDelete
  9. Commodity trading is gaining lot of popularity in India. MCX and NCDEX are most popular commodity exchanges of India. MCX and NCDEX both offers hi tech platform for commodity trading. Commodity trading should have clear picture like how they can earn money from ncdex or mcx trading and for that they need to track various listed commodities and should rely on research rather than speculation.
    http://www.sharetipsinfo.com/share-market-investments.html

    ReplyDelete

Post a Comment

Popular posts from this blog

List of Australian blue chip stocks

Australian shares gained 0.6 percent on Wednesday led by blue chip miners and financials on strong resource price


The biggest Blur chip stocks traded on the ASX, in terms of their market capitalisation, include:
BHP BillitonCommonwealth Bank of AustraliaTelstra CorporationRio TintoNational Australia BankAustralia and New Zealand Banking GroupRio tintoWestpac
The only stock to do worse than the S&P/ASX 200 is Harvey Norman Holdings Ltd [ASX: HVN]. Even so, it’s a better-than-the-bank 8.3% gain. The others have done much better: Qantas [ASX: QAN] up 36.1%; JB Hi-Fi [ASX: JBH] up 20.5%; Toll Holdings [ASX: TOL] up 25.3%; and Myer Holdings [ASX: MYR] up 37.1%. The benchmark S&P/ASX 200 index rose 27.1 points to trade at 4,977.3 by 2310 GMT. It fell 0.8 percent on Tuesday, its lowest close since February 7.

Best Australian stock forums online ( finance forums)

Many traders and investors use forums to share ideas, learn from the more experienced, or simply to stave off boredom during long hours at the computer. Here we list the known universe of forums, complete with costs, member numbers, extra benefits and popular forum topics. Please post a message on Your 2 Cents if your favourite forum isn't listed here, or if you feel that there's more to add about the day-to-day goings on in your online community.Forum
Cost
Stock comps
Forum areas
Comments
AussieStockForums.comFreeASX by share code, General, Beginners, Derivatives, Commodities, International, Strategies/SystemsEasy to use, independent forum. Aussie Stock Forums has a group of very active and knowledgeable traders. Private messaging available. Australian forum.
Chimes in ExileFreeASX stocks, fundamental analysis, technical analysis, commodities, economics, investment tools The forum has a small group of regular contributors that form a genuine community of investor…

The diggers and dealers forum meet 2011

The diggers and dealers forum has just begun August 1. Its a three day annual event happening every year  at the WA country town of kalgoorlie.2011 Diggers & Dealers forumBig name brokers  keenly watching the event will be MacquarieDeutsche BankBell PotterGoldman SachsRBS MorgansEvans & PartnersHartleysBlack Swan Euroz.Well most other websites will give you the  finer details of the annual meet and greet that happens at kalgoorlie , so we will just stick with the bare minimum of details  and focus on the more enjoyable bits  of information that the dealers require to strike a good deal while in town.Bare detailsWebsite : Diggers & DealersEvents : Program and scheduleWatering holes and entertainment at Diggers and dealers forumPubs , clubs  and skimpy (barmaids) culture in kalgoorlie . There are about 25 pubs in Kalgoorlie-Boulder area and for a city that stretches just 67sq km the number of pubs makes for  a good choice on drinking holesand entertainmentExchange Hotel ( Pa…