Healthscope Lets Suitors Review Its Books

MELBOURNE (Reuters) – Australian private hospital operator Healthscope Ltd (HSP.AX) on Monday said it would let its private equity suitors review its books over the next several weeks as they look to seal a $1.5 billion offer for the group. 

Healthscope advised shareholders take no action on the offer of A$5.75 a share from TPG and Carlyle.

“The due diligence process may or may not result in an offer for the company or a recommendation by the board,” Healthscope said. ($1=1.201 Australian Dollar) (Reporting by Sonali Paul; Editing by Balazs Koranyi)