Medical Centers, page-4

0‌4:35 AEST 07 May 2020 Healius medical centres attract Crescent Capital; Permira withdraws from auction - report

Crescent Capital is said to be among buyers interested in Healius’[ASX:HLS] medical centres business, The Australian’s Dataroom reported. According to the report, which did not cite sources, Crescent is thought to be interested in the asset in order to enhance its own pathology revenue through referrals from health practitioners at Healius’s medical centres. The item noted that Crescent may offer a price of less than AUD 400m (USD 256m) for the business, which is well below earlier price expectations of AUD 500m to AUD 600m. Meanwhile, the report said that Permira is believed to have withdrawn from the auction for Healius' medical centres. According to the report, BGH Capital and Brookfield are also thought to be eyeing the assets. The report noted that Macquarie Capital was thought to be advising BGH, but it is unclear whether it is continuing to pursue the medical centres. Healius has been progressing the sale of its medical centres through Morgan Stanley and UBS despite the coronavirus crisis, the item noted.