Three’s a crowd: Medibank in final furlong for $500m-plus Cura
Medibank Private is the $9.6 billion gorilla giving London-listed buyout giant Intermediate Capital Group and Switzerland’s Partners Group a major headache in their quest to acquire Cura Day Hospitals.
Street Talk can reveal Macquarie Capital-advised Medibank is in the final round of the auction, alongside Intermediate Capital Group, tended to by Rothschild and Miles Advisory, and Partners Infrastructure. Binding offers are due to be submitted to sell-side adviser Citi in the first week of December.
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