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Japara considers $278m takeover offer


Japara considers $278m takeover offer
Japara is engaging with Calvary over its bid, but thinks things could change with the response to the aged care royal commission.
Business
by Jared Lynch
Premium Content
Subscriber only
A Catholic healthcare provider has lobbed a $278m, unsolicited takeover offer to troubled aged care outfit Japara Healthcare.
Little Company of Mary Health Care, otherwise known as Calvary, has made a bid of $1.04 a share, representing a premium of 30 per cent from Thursday s share market close.
Japara is engaging with Calvary, retaining Macquarie Capital and Herbert Smith Freehills as advisers, but has recommended shareholders do nothing at this stage. ....

Andrew Sudholz , Herbert Smith Freehills , Aurrum Holdings , Little Company Of Mary Health Care , Royal Commission , Mary Health Care , Macquarie Capital , Aged Care Quality , Moelis Australia , Japara Healthcare , ஹெர்பர்ட் ஸ்மித் ஃப்ரீஹில்ஸ் , ஒருரும் ஹோல்டிங்ஸ் , அரச தரகு , மேரி ஆரோக்கியம் பராமரிப்பு , மக்வரீ மூலதனம் , வயதேறிய பராமரிப்பு தரம் ,