EHE News: UPDATE 1-Australia's Estia Health opens books to Bain Capital for improved offer - 4th Apr 2023, 6:51pm

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(Adds details on current proposal, background)

April 4 (Reuters) - Australian aged-care provider Estia Health Ltd said on Tuesday it will provide its suitor Bain Capital with a limited period of access to the company's non-public financial and other information on hopes of a revived and improved proposal.

Late in March, Estia received a non-binding buyout proposal from the U.S. private investment firm for A$775.1 million ($523.11 million). The proposal implies a value of A$3.00 per share, whic...

>>> Read more: UPDATE 1-Australia's Estia Health opens books to Bain Capital for improved offer
 
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