Australia's Estia Health gets higher offer from Bain Capital

Estia Health

07/06/2023 01:01

June 7 (Reuters) - Australian aged-care provider Estia
Health Ltd  EHE.AX  said on Wednesday it received a revised
offer from Bain Capital, implying a total deal consideration of
A$826.8 million ($552.05 million). 
    The company had earlier provided limited access to its books
in April for the U.S.-based investment company in hopes of a
sweetened bid. 

    ($1 = 1.4977 Australian dollars)

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))