ACL australian clinical labs limited

News: ACL Australia's Healius rejects $1 bln buyout offer by Australian Clinical Labs

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    May 4 (Reuters) - Australia's medical centre operator Healius (HLS) on Thursday recommended that its shareholders reject the A$1.52 billion ($1.01 billion) all-share takeover offer by Australian Clinical Labs (ACL) .

    The offer, made in March, has "no cash and no premium" and is "plainly inadequate", Healius said in its statement.

    ($1 = 1.5047 Australian dollars)

 
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