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Why CBA’s $100m support for Healthscope is all about optics

Receivership will help fix two of Healthscope’s three problems. Fixing the third will be much harder.

For almost six years, everything that has happened at private equity-owned Healthscope was supposed to be good for shareholders and the country.

Everything from paying $5.7 billion (including debt) to “strengthen, grow” the No.2 private hospitals group in June 2019 and funding it with property sales and debt, to throwing lenders the keys a fortnight ago was sunshine, rainbows and Brookfield doing the right thing.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/why-cba-s-100m-support-for-healthscope-is-all-about-optics-20250526-p5m286