Three bidders vie for €500m Mater Private

Multi-billion Australian investment giant understood to be the frontrunner

21st February, 2016
Mater Private Picture:RollingNews.ie

Three potential bidders from South Africa and Australia are in the race to acquire the Mater Private healthcare group from majority owner CapVest and the group’s management and staff, in a €500 million deal.

Macquarie, the multi-billion Australian investment giant, is understood to be the frontrunner in the bidding, which is being run by Investec and Rothschild.

Netcare, a South African healthcare company that was in talks last summer to buy the hospital,...

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