Ebos marches into Asia with $1.17b deal

Ebos marches into Asia with $1.17b deal
(Image: Getty)
Jenny Ruth
Ebos Group is buying medical products distributor LifeHealthcare for about A$1.17 billion and will raise up to A$742 million of fresh equity and A$540m of new term loans to pay for it.Ebos will also issue shares worth about A$23m to LifeHealthcare's management.The acquisition will include 100% of LifeHealthcare's Australian and New Zealand subsidiaries and 51% of its Asian subsidiary, Transmedic, marking Ebos' first foray beyond Australasia.The remaining 49% of Transmedic will be retained by its founders who will continue to manage...

More Finance

Cost-benefit issues in spotlight amid RBNZ review
Finance

Cost-benefit issues in spotlight amid RBNZ review

The Reserve Bank of NZ had received 42 submissions to the review.

ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

Andy Macdonald 08 Oct 2025
ASB settles CCCFA class action for hefty $135.6m
Finance

ASB settles CCCFA class action for hefty $135.6m

 It ended a four-year class action centred on disclosure obligations.

Andy Macdonald 07 Oct 2025
ASB pays $135.6m to settle long-running CCCFA class action
Finance

ASB pays $135.6m to settle long-running CCCFA class action

High-street lender ASB has agreed to pay $135.6 million to settle a class action brought against it for alleged breaches of the Credit Contracts and Consumer Finance Act (CCCFA).The settlement – without admission of liability or wrongdoing – concluded four years of legal proceedi...

Staff reporters 07 Oct 2025