Canada’s Brookfield makes $3.3 billion offer for Australia’s Healthscope, sparking hopes for a bidding war

Canada’s Brookfield makes $3.3 billion offer for Australia’s Healthscope, sparking hopes for a bidding war

Canadian investment firm Brookfield Asset Management (NYSE:BAM) made a $3.3 billion approach for Australian hospital group Healthscope, trumping a local buyout proposal and sending shares of the target up to a two-year high on Monday. The approach, disclosed by Healthscope in a statement, sets the scene for a takeover battle for the No. 2 Australian private hospital operator which has seen its shares slide due to high debt and a shift back to public health…

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