Healthscope future vote extended by 24 hours
- Lenders for hospital operator Healthscope have extended their voting deadline by 24 hours to determine the future ownership of the network.
- The vote covers a buyout offer worth over $400 million that could shift control of 27 private hospital locations.
- A consortium led by Calvary Health Care aims to acquire the assets and block a competing proposal to convert the business into a non-profit entity.
Lenders for Healthscope have extended a crucial vote by 24 hours to decide on a takeover offer exceeding $400 million for 27 hospital sites.
The polling window was originally set to close on Wednesday night but will now run through late Thursday as stakeholders consider the multi-party bid.
"The seven-day voting window was scheduled to close Wednesday night but has now been extended to late Thursday," stated sources familiar with the private voting process.
A hospital and landlord consortium led by Calvary Health Care submitted the $400 million proposal to gain control of Australia's second-largest hospital operator.
If approved by debt holders, the private acquisition would derail an alternative restructuring plan designed to convert the operating network into a unified non-profit structure.
The network represents a major pillar of Australian healthcare infrastructure, managing dozens of medical facilities and thousands of clinical staff nationwide.
