Oceania Healthcare cornerstone shareholder Macquarie selling 15.6% stake

Tue, 04 Sep 2018

By Tina Morrison Sept. 5 (BusinessDesk) - Oceania Healthcare's cornerstone shareholder Macquarie Group is selling down some of its shares for $102.6 million after restrictions on their sale were lifted in July. Shares of the aged care and retirement village operator were halted from trading on the NZX and ASX this morning after Oceania Healthcare Holdings Ltd, the investment vehicle which owns the shares on behalf of Macquarie Group managed funds and senior managers, said it intends to sell up to 95 million shares, representing 15.6 perce...

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