TAH enters conditional agreement for Elder Care Practice
GENERAL
Fri, Aug 22 2025 09:13 am
22 August 2025
Third Age Health Services Limited is pleased to announce that it has entered into a conditional sale and purchase agreement to acquire an 80% stake in in ARC Health Limited (ARC Health).
ARC Health provides medical services to aged residential care facilities in the Canterbury region. This acquisition is intended as a bolt-on to Third Age Health’s existing Aged Residential Care (ARC) business.
The acquisition represents a proposed investment of $1.1 million. Completion of the acquisition is expected in September 2025, subject to satisfaction of all conditions.
Authorised for release by:
John Fernandes
Chairman
[email protected]
Announcement PDF
Markets News
Policy
Open banking's red tape may stifle lenders' innovation: fintechs
Fees-free open banking and levies may deter banks from innovating with new tech.
Markets
Spot market power prices 'past their peak': Genesis
Genesis has 1.1 million tonnes of coal stockpiled for use at the Huntly Power Station.
Opinion
Stock & Trade: Fonterra’s fascinating exec incentive scheme
Winston Peters has questioned bonuses linked to Fonterra’s $4.2b sale.
