HLS 2.66% $1.35 healius limited

(Adds company stance, background on bidder's stake) Jan 3...

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    (Adds company stance, background on bidder's stake)

    Jan 3 (Reuters) - Australian hospital operator Healius Ltd (HLS) said on Thursday it had received a non-binding A$2.02 billion ($1.41 billion) bid from its largest shareholder, Jangho Group Co 601886.SS , to buy it out.

    Jangho owns nearly 16 percent of Healius, formerly known as Primary Health Care. It has made an indicative cash offer of A$3.25 per share, Healius said in a statement. That represents a 33.2 percent premium to Healius' last closing price.

    Healius said it was reviewing the offer, and that shareholders should not take any action at this stage.

    The hospital operator has appointed UBS as financial adviser and King & Wood Mallesons as legal adviser.

    ($1 = 1.4341 Australian dollars)

 
watchlist Created with Sketch. Add HLS (ASX) to my watchlist
(20min delay)
Last
$1.35
Change
0.035(2.66%)
Mkt cap ! $1.212B
Open High Low Value Volume
$1.35 $1.36 $1.33 $1.778M 1.321M

Buyers (Bids)

No. Vol. Price($)
2 6637 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.35 6178 2
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
HLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.