Virtus Health is expecting to receive its eighth takeover offer in just four months after its shares went into a trading halt on Thursday, with UK-based CapVest Partners preparing to sweeten its offer after being pipped by a counterbid from rival BGH Capital.
CapVest partner Kate Briant flew to Sydney in March to meet Virtus doctors.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com