Calvary Health Care makes $278m bid for Japara
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Japara Healthcare on Friday said it had received a $1.04-a-share offer from not-for-profit Calvary Health Care to acquire all the shares of the owner, operator and developer of aged care homes under a scheme of arrangement.
Japara, said the non-binding proposal by Calvary, which puts a $277.9 million value on the company, assumed no further dividends, distributions or reductions in capital and was subject to conditions include a unanimous recommendation by the Japara board.
“The Japara board has not yet formed a view on the merits of the indicative proposal,” the company said.
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Sun-Times file photo
Five people, including four police officers, were injured in a house fire Thursday in Beverly on the South Side.
About 7:45 p.m., fire broke out in a garage about 7:45 p.m. in the 9300 block of South Oakley Avenue and it spread to the adjacent house, according to Chicago police.
A 31-year-old man was injured and was transported to Christ Medical Center in Oak Lawn in serious-to-condition, Chicago Fire officials said.
A police officer who was reponding to the fire suffered smoke inhalation and was taken to the same hospital in serious-to-critical condition, fire officials said.
Three other officers, also suffered smoke inhalation and were taken in good codition to Little Company of Mary Medical Center in Evergreen Park, fire officials said.
Milford Care Centre Chief Executive Mary O’Brien – Photo Keith Wiseman
The Board of Milford Care Centre, which provides specialist palliative care and older persons services in the Mid-West, announces the appointment of Mary O’Brien, M.Sc., B.Sc. (Hons), R.G.N., R.M, as its new chief executive.
Ms O’Brien succeeds outgoing chief executive Pat Quinlan, who retired on 31 March 2021 after 32 years with the organisation.
A leading healthcare manager and innovator, Ms O’Brien has extensive healthcare experience in community and acute care, both in Ireland and the UK, having held a variety of senior managerial roles including general manager at UL Hospitals Group, interim chief director of nursing and midwifery at UL Hospitals Group, and most recently, held the role of head of service, older persons at HSE Mid-West Community Healthcare.