Brief: Estia Health Receives Indicative Non-Binding Proposal From Bain Capital

Estia Health

23/03/2023 22:55

March 24 (Reuters) - Estia Health Ltd  EHE.AX :
    * RECEIVES INDICATIVE NON-BINDING PROPOSAL
    * ESTIA HEALTH SHAREHOLDERS WOULD RECEIVE A$3.00 CASH PER
SHARE
    * CONFIRMS THAT AFTER MARKET ON MARCH 23 RECEIVED FROM BAIN
CAPITAL A CONFIDENTIAL, NON- BINDING AND INDICATIVE PROPOSAL
    * BOARD OF CO CONSIDERING INDICATIVE PROPOSAL TO ASSESS
WHETHER IT
IS IN BEST INTERESTS OF SHAREHOLDERS TO ENGAGE WITH BAIN CAPITAL
    * PROPOSAL TO ACQUIRE ALL OF SHARES IN ESTIA HEALTH BY WAY
OF A
SCHEME OF ARRANGEMENT

Source text for Eikon:  ID:nASX8tLXv 
Further company coverage:  EHE.AX 

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