Oceania Healthcare stake on the block

By Rebecca Howard | Wed, 29 Jan 2020


Oceania Healthcare's cornerstone shareholder Macquarie Group may sell up to all of its 40.94 percent stake in Oceania Healthcare in a process under way today.  Oceania is indirectly owned by three institutional funds that specialist management companies within the Macquarie Infrastructure and Real Assets division of Macquarie Group operate.  Macquarie has informed Oceania that it intends to enter into a binding agreement to sell up to all of its 252 million shares in an underwritten sell-down. The underwriters, Craigs Investment Partners,...