Australia: Regis Healthcare rejects buyout offer

Troubled aged care operator Regis Healthcare has rejected an A$556.4m (US$405.8m) buyout offer from the co-founder of the firm and investment firm Washington H Soul Pattinson (WHSP). The consortium was offering A$1.85 per share, which is a 25% discount to the previous closing price. “Given the regulatory uncertainty and funding challenges currently facing the aged…

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