HLS 2.72% $1.51 healius limited

News: HLS UPDATE 1-Australia's Healius gets $1.4 bln buyout offer from Swiss private equity...

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    (Adds details on deal, previous buyout approach)

    Feb 25 (Reuters) - Australia's Healius Ltd (HLS) on Tuesday said private equity firm Partners Group PGHN.S had offered to acquire the medical centre operator for A$2.12 billion ($1.40 billion).

    The Swiss private equity firm offered A$3.40 per share in cash, a 23.2% premium to Healius' last closing price.

    A filing earlier in the day showed Partners bought out China's Jangho Group Co Ltd's 601886.SS 15.9% majority stake in Healius.

    Jangho had previously offered to buyout Healius for A$1.7 billion or A$3.25 per share, which was rejected by the Sydney-based company, saying it was "opportunistic" and fundamentally undervalued the company.

    The company said it has not yet formed a view on Partners' offer, adding that it was also subject to six weeks of due diligence.

    Healius' share had jumped nearly 24% in 2019. ($1 = 1.5090 Australian dollars)

 
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