SYDNEY: Japara Healthcare Limited has received an unsolicited, indicative, conditional and non-binding proposal from Little Company of Mary Health Care Ltd (Calvary), an Australian not-for-profit healthcare and aged care provider, to acquire 100% of the shares in Japara by way of a Scheme of Arrangement. The indicative cash price offered to shareholders under the Indicative…
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Japara Healthcare
Japara Healthcare is an Australian aged care operator listed on the Australian Securities Exchange. It runs 51 homes across Australia. It acquired the Riviera Health residential aged care portfolio – four aged care facilities at Brighton-Le-Sands, New South Wales, Chatswood, Doonside and Wyong and a closed aged care facility in Toukley in March 2018. There…