Pacific Equity Partners has lobbed a big-premium bid for ASX-listed healthcare business Healthia, swiftly winning board approval and support of 26.8 per cent of the register including Regal, MA Financial and Wilson Asset Management.
PEP’s bid for Healthia looks like a clean deal.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com