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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.

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Broken bones and maggots: Nan's horror death in aged care

Harrowing tales of neglect in the Royal Commission’s report into aged care include that of Italian migrant Annunziata Santoro, a retired dressmaker.

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Broken bones and maggots: Nan's horror death in aged care

Broken bones and maggots: Nan's horror death in aged care
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Broken bones and maggots: Nan's horror death in aged care

Broken bones and maggots: Nan's horror death in aged care
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Broken bones and maggots: Nan's horror death in aged care

Broken bones and maggots: Nan's horror death in aged care
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Broken bones and maggots: Nan's horror death in aged care

Broken bones and maggots: Nan's horror death in aged care
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Taxpayers fork out as aged care bosses cry poor

Workers face a new aged care tax as nursing home operators pay their executives more than Prime Minister Scott Morrison.

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Taxpayers fork out as aged care bosses cry poor

Taxpayers fork out as aged care bosses cry poor
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Taxpayers fork out as aged care bosses cry poor

Taxpayers fork out as aged care bosses cry poor
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Taxpayers fork out as aged care bosses cry poor

Taxpayers fork out as aged care bosses cry poor
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