Analysts can't make NorthWest's deal on Healthscope stack up

Jenny Ruth
Thu, 07 Mar 2019

Analysis by Jenny Ruth March 7 (BusinessDesk) - Never say never, but it’s looking nigh on impossible for Canada-based NorthWest Healthcare Properties Real Estate Investment Trust to make its A$1.258 billion Healthscope deal stack up. The fact that NorthWest signed the deal of course suggests it must be confident it can succeed but New Zealand analysts can’t make sense of it. NorthWest does have time on its side – the deal is contingent on fellow Canadian Brookfields’ takeover bid via a scheme of arrangement for Healthscope succeeding....

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