A bidding group led by David Di Pilla’s HMC Capital is circling loss-making Healthscope’s Australian hospitals and offered to take over the operations of 11 facilities as the Brookfield-owned group seeks to renegotiate $1.6 billion of debt with its lenders.
ASX-listed HealthCo Healthcare & Wellness REIT, known as HCW, already co-owns the properties from which 11 of Healthscope’s 38 national hospitals operate. HCW said on Friday it had been approached by a number of parties, including the private equity arm of its own parent company, HMC Capital.