Australian investment firm withdraws bid for Regis Healthcare

Industry: Healthcare 2021-01-21

Australian investment firm Washington H. Soul Pattinson and Co said on Wednesday it had withdrawn an indicative proposal to buy old-age home operator Regis Healthcare.

Washington H. Soul in November submitted an increased offer of A$1.85 per share, which valued Regis at A$556.4 million ($428.26 million).

Source: Reuters.com

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