Quick Take
Brookfield Business Partners (BBU) announced it has agreed to acquire Healthscope (HSO.AX) for $4.1 billion (AUD$5.7 billion).
Healthscope operates as a large private healthcare provider in Australia and New Zealand.
BBU seeks the use the deal as a springboard to its consolidation approach in Australia and, ultimately, the U.S.
Target Company
Melbourne, Australia-based Healthscope was founded in 1985 and currently operates 43 private hospitals across every state in Australia and 24 pathology laboratories in New Zealand.
Management is headed by Managing Director and CEO Gordon Ballantyne, who has