NewsBite

Aveo Group

Advertisement
Aveo, one of the biggest owners of retirement homes, is defending the claim.

Class action against retirement home giant Aveo due to kick off

One of the country’s biggest retirement home operators, Aveo Group, faces a looming class action from residents and their families.

  • Clancy Yeates

Latest

Brookfield will take over ASX-listed retirement village owner Aveo.

Aveo set to exit ASX after investors endorse $1.27b Brookfield bid

Shareholders in aged care operator Aveo have backed Canadian giant Brookfield's $1.27 billion offer, opening the door to its retirement from the local bourse.

  • Simon Johanson
I am quite shocked that Aveo’s independent directors and the company’s major shareholders are supporting the deal, Alex Waislitz said.

Billionaire investor fires broadside at Aveo takeover

Alex Waislitz has fired a broadside at retirement village operator Aveo’s independent directors saying he is “shocked” at their support of a “highly opportunistic” takeover bid.

  • Simon Johanson
Aveo's acquisition will give Brookfield a sizeable chunk of Australia's aged care industry.

Aveo backs Brookfield takeover as it grapples with $213m loss

Falling property values plunged the retirement living operator to a $213.4 million full-year loss.

  • Simon Johanson
Aveo's acquisition will give Brookfield a sizeable chunk of Australia's aged care industry.

'Best outcome from bad situation': Aveo accepts $1.27b Brookfield deal

Brookfield will have a clear run at Aveo Group after the struggling retirement village operator's board unanimously backed its buyout plan.

  • Simon Johanson
Aveo's acquisition would give Brookfield a sizeable chunk of Australia's aged-care industry,

Aveo still in discussions with Brookfield on $1.27 billion cash offer

Buying the embattled retirement village owner would give the Canadian investment firm a sizeable chunk of Australia's aged care industry.

  • simon johanson
Advertisement
Geoff Grady is the chief executive of Aveo.

Canada's Brookfield in box seat to buy retirement village owner Aveo

The global investment powerhouse has emerged as the mystery suitor behind a takeover bid for the troubled retirement village company.

  • Simon Johanson
Aveo's settlements have slowed as buyers struggle to sell their homes.

Profit slump cuts retirement home operator Aveo distribution in half

Australia’s real estate slump has hit earnings at retirement village operator Aveo Group.

  • Simon Johanson
Aveo chairman Seng Huang Lee is hoping a strategic review will realise shareholder value.

Aveo hoses down takeover talk after shares spike

Aveo's shares soared 10 per cent amid chatter the group was being stalked by Hong Kong real estate group Gaw Capital Partners and another unnamed bidder.

  • Sarah Danckert
Aveo's settlements have slowed as buyers struggle to sell their homes.

Aveo considers buyout bids amid challenging property market

Embattled retirement village operator Aveo is assessing several bids for a company buyout as it reported a half-year loss of $44.7 million.

  • Simon Johanson

Original URL: https://www.theage.com.au/topic/aog-7u