Jangho makes US$1.2bil bid for medical centre owner Healius


SYDNEY: Chinese construction company Jangho Group Co Ltd has proposed to acquire medical centre operator Healius Ltd for A$1.7bil (US$1.2bil), marking what would be one of the mainland’s biggest healthcare plays in Australia.

The proposal to buy Australia’s No. 2 medical centre operator highlights the interest Chinese investors have in health-related companies seen as high-quality assets with possible use back home, where an ageing population is straining existing services.

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