Aussie homecare services firm cleared to buy 40% of Healthcare of NZ

Tue, 31 Jan 2017

By Rebecca Howard Jan. 31 (BusinessDesk) - The Overseas Investment Office has given Australian-controlled Home Care BidCo Pty a green light to buy up to 40 percent of leading home health and disability services provider Healthcare of New Zealand Holdings in a deal worth more than $40 million. Home Care BidCo Pty Ltd, made up of 92 percent Australian interests and 8 percent from the United Arab Emirates, has two wholly-owned subsidiary companies that operate healthcare businesses in Australia. Healthcare of New Zealand Holdings or HHL prov...

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