In the latest Australian stock market news, Healthscope (HSP) has received an additional two takeover offers at a price of $5.80 per share. One of the offers is believed to be from private equity firm, Kohlberg Kravis Roberts.
HSP noted that the latest offers were equal or superior to the one put forward by a private equity consortium on May 20, which was at a price of $5.75 per share.
The latest offers could be the start of a bidding war for HSP, with the company’s main attraction being its prized private hospital operations.
HSP has advised its shareholders take no action in regards to the latest offers.
HSP has been one of the top performers in the stock market since it became the subject of takeover developments. Its share price has risen over 20% since receiving its first offer.
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