Vital Healthcare considers proposal to split assets between Aus and NZ

Vital will consult on the proposal for the rest of the year. (Image: Supplied)

Wed, 20 Nov 2024

Vital Healthcare will consult on a proposal to split its assets between New Zealand and Australia and become a dual-listed trust. Vital Healthcare Property Trust told the New Zealand Exchange (NZX) on Monday that Northwest Healthcare Properties Management, which manages Vital, tabled the proposal.If followed, Vital would restructure into separate NZ and Australian trusts and trade as a portfolio-invested entity (PIE) on the NZX and a trust on the Australian Securities Exchange (ASX).“Existing Vital unit holders would receive Vital NZ...

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