Australia's Regis Healthcare extends gains on aged care expansion deal
** Shares of Regis Healthcare REG.AX rise as much as 11.4% to A$7.33, its highest level since September 22 ** REG weekly gain at 12% so far, set for best week in five ** Aged care operator on Thursday said it agreed to buy two residential care homes with 230 beds for nearly A$45 million ($29.24 million) net consideration ** Stock up nearly 21% this year, including day's gains ($1 = 1.5389 Australian dollars) (Reporting by Roshan Thomas in Bengaluru) ((Roshan.Thomas@thomsonreuters.com;))
Recent news on Regis Healthcare
See all newsJefferies says Australia's aged-care funding rise is inadequate after Regis shares plunge
Regis Healthcare says Australia's aged-care funding rise lags inflation, shares slump (updated)
Australia's Regis Healthcare slumps as aged-care funding raise falls short of cost pressures
Brief: Regis Healthcare Says AN-ACC Starting Price To Increase 2.55% To A$303.19 Effective October 1
Australia's Regis Healthcare slides 35% after government aged-care pricing decision