Carlyle, TPG near deal on Healthscope-WSJ report

NEW YORK, July 18 (BestGrowthStock) – Private equity groups
Carlyle Group and TPG Capital are close to acquiring
Healthscope Ltd (HSP.AX: ), Australia’s second largest private
hospital operator, for at least $1.5 billion, the Wall Street
Journal reported on Sunday.

The report, on wsj.com, cited people familiar with the
matter as saying an announcement could be made as soon as
Monday, but a competing bid was still possible.

Reuters reported on Saturday that sources close to the deal
in Sydney said that Healthscope had received final takeover
bids from private equity group Kohlberg Kravis Roberts & Co
(KKR.N: ) and the consortium of Carlyle [CYL.UL] and TPG
[TPG.UL]. [ID:nSGE66G002]

Earlier indicative bids by the two parties valued
Healthscope at $1.6 billion.

TPG and Carlyle continued with their bid even after private
equity firm Blackstone Group (BX.N: ) pulled out of their
consortium on Thursday.
(New York Equities desk +1-646-223-6000; Editing by Steve
Orlofsky)

Carlyle, TPG near deal on Healthscope-WSJ report