Australia’s Estia Health soars on sweetened $552 mln bid from Bain Capital – ET HealthWorld

[ad_1] New Delhi: Australia’s Estia Health on Wednesday said it intended to back Bain Capital’s sweetened takeover offer that valued the aged-care provider at A$826.8 million ($552.05 million), sending its shares about 19 per cent higher to a near five-year peak. Under the revised proposal, Bain Capital would offer A$3.20 in cash for every Estia … Read more