The report provides the most comprehensive rebuke of the repeated assurances that the problems plaguing the hospital were just teething problems.
Healthscope shareholders voted overwhelmingly in favour of Brookfield Asset Management's $4.4 billion cash bid for Australia's largest private hospital operator.
Labor approved a $1.7 billion foreign takeover of Australia's largest private hospital operator,by two Cayman Islands-linked companies when it was last in power.
Shadow treasurer Chris Bowen has signalled stricter conditions on foreign deals under a Labor government.
Brookfield's $4.4 billion bid for Healthscope has received the crucial support of the private hospital operator's largest shareholder.
Healthscope’s largest investor,AustralianSuper has declined to say whether it would support the Brookfield takeover offer for the private hospital operator.
Private hospital operator Healthscope has downgraded its earnings guidance for fiscal 2019 as an independent expert found Canadian investment group Brookfield's $4.4 billion takeover offer for the group was"fair and reasonable".
Healthscope,the owner of Sydney’s troubled Northern Beaches Hospital,has confirmed that the new centre is performing to expectations.
Brookfield Asset Management said Healthscope might never return to public ownership if its takeover bid for the private hospital operator succeeds.
Australian private hospital operator Healthscope has agreed to a $4.4 billion takeover bid from Brookfield despite the Canadian investment group offering less than what it initially pitched in November.
BGH's Ben Gray finally lands a deal,with Navitas directors recommending a $2.1 billion bid that may help BGH rekindle its ambition to also acquire the Healthscope private hospital group.