Top Stocks Healthscope News
Top Stocks Healthscope News
Healthscope (HSP) is the second largest private hospital provider, operating pathology businesses and medical centres in Australia and Asia.
HSP has recommended its shareholders accept the $2.7 billion takeover offer from the TPG-Caryle Group private equity consortium.
The offer represents a 16% premium to Fridays closing price, and is almost 40% higher than HSPs closing price before it received the first bid.
Encouragingly for HSP, the consortium maintained that it doesnt plan to break up the group.
In Healthscope news, HSP share price rocketed 10% following the announcement.
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