UPDATE: Vital Healthcare's manager commits to A$1.258 billion Healthscope purchase

Fri, 01 Feb 2019

(Updates to clarify in 9th paragraph that NorthWest says it still has the right to acquire up to 13.41 percent of Healthscope from Deutsche Bank, even though Deutsche Bank currently owns only 8.74% of Healthscope.) By Jenny Ruth Feb. 1 (BusinessDesk) - The owner of Vital Healthcare Property Trust’s manager has agreed to buy 11 freehold hospital properties from ASX-listed Healthscope for A$1.258 billion but Vital itself isn’t currently a party to the deal. The conditional deal between Toronto-listed NorthWest Healthcare Properties Real...

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