MELBOURNE: Australian healthcare group DCA Group Ltd is expanding into New Zealand with the NZ$300mil acquisition of aged-care business Guardian Healthcare Group Ltd and is eyeing further growth opportunities.
The purchase of New Zealand's biggest for-profit geriatric hospital and retirement village operator from Pacific Equity Partners will give DCA an aged-care portfolio of more than 5,700 beds, units and apartments in both countries. – Reuters
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!