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NorthWest open to higher bid for Australian Unity fund


NorthWest open to higher bid for Australian Unity fund
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Canada’s NorthWest Healthcare Properties has signalled it is willing to improve on its $2.3 billion bid to take over an Australian Unity-run property trust, while urging the fund manager to address its own potential conflict of interest.
The Canadian powerhouse investor has issued a comprehensive response, it is understood, to Australian Unity Fund Management, following the fund manager’s own blunt dismissal of NorthWest’s offer last week.
The Australian Unity-run fund includes Robina Private Hospital on the Gold Coast. 
Australian Unity had told investors in the unlisted Australian Unity Healthcare Property Trust that NorthWest’s $2.20 per unit offer was effectively a low-ball bid and it was not in their best interests for the Australian Unity-controlled manager to engage in any further discussions with the Canadians. ....

Australian Unity , Robina Private Hospital , Australian Unity Run , ஆஸ்திரேலிய ஒற்றுமை , ரோபினா ப்ரைவேட் மருத்துவமனை , ஆஸ்திரேலிய ஒற்றுமை ஓடு ,

NorthWest presses for Australian Unity fund


NorthWest presses for Australian Unity fund
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Canada’s NorthWest Healthcare Properties has stepped up the pressure in its $2.3 billion bid to take over an Australian Unity-run fund by requesting the unitholders register, a move that lays the groundwork for a potentially decisive vote on the property trust’s future by its own investors.
Partnered by Singapore’s GIC, the ambitious and acquisitive NorthWest has been at loggerheads with the manager of the Australian Unity Healthcare Property Trust after lobbing a $2.20 per unit bid two weeks ago and establishing control over a 16.2 per cent stake.
That stake – established though a put-and-call arrangement with one of the fund’s largest shareholders, Hume Partners – has allowed the Canadian team to request the register. It also gives the Canadians a beachhead from which it can call a unitholders meeting that could vote on changing the property’s trust manager and or endors ....

Craig Mitchell , Robina Private Hospital , Generation Healthcare , Australian Unity Run , Barwon Investment Partners , கிரேக் மிட்செல் , ரோபினா ப்ரைவேட் மருத்துவமனை , ஜெநரேஶந் சுகாதாரம் , ஆஸ்திரேலிய ஒற்றுமை ஓடு , பார்வோன் முதலீடு கூட்டாளர்கள் ,