SYDNEY, Feb 12 (Reuters) - The Australian government said it is weighing a proposal from a consortium including hearing implant maker Cochlear Ltd (COH) to buy a state owned service which gives hearing assistance to children, older people, indigenous Australians and veterans.
In a statement on Friday, Finance Minister Mathias Cormann said the government was approached by a group which also includes the Royal Institute for Deaf and Blind Children and Sydney-based Macquarie University.
"The government will formally examine the proposal put forward by the consortium," the statement said, without giving a dollar value of the service or a timeline for a possible sale.
News: COH Australia says weighing privatisation proposal for state hearing service
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Last
$317.00 |
Change
4.170(1.33%) |
Mkt cap ! $20.73B | |||
| Open | High | Low | Value | Volume |
| $314.28 | $318.91 | $313.71 | $43.40M | 137.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 324 | $317.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $317.18 | 55 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| COH (ASX) Chart |