Its only a matter of time before someone has a crack at this. Sonic Health just paid $100,000,000 for Allied medical centres which was also a target of Healthscope. This is the largest Ophthalmic day surgery group in Australia with a market cap of $10,000,000. Primary health who compete with Sonic and Healthscope in Pathology, Radiology and General Practice are one of the top 20 shareholders. The Cheifs of Primary and Healthscope have already butted heads over the takeover of what was Symbion Pathology and primary won. I would think Healthscope would love to add this into their portfolio as they own many private hospitals and would also get one back on Primary Health who hold a position.
VGH Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
