Monday 25th March 2024 |
Text too small? |
Third Age Health Confirms Acquisition of 70% of Hub Aged Care
Third Age Health Services Limited (NZX: TAH ) is pleased to confirm the completion of due diligence and Board approval for its acquisition of 70% of Hub Aged Care, a Wellington-based primary care practice specialising in aged residential care services. This marks an important step in our efforts to expand our elder care offerings in the Lower North Island.
The acquisition is expected to be completed effectively on 1 April, following the fulfilment of all conditions. We are also pleased to announce that one of Hub Aged Care’s general practitioners will remain as a co-owner, holding a 30% stake.
This acquisition aligns with Third Age Health’s strategic goals to enhance and expand our healthcare services for the elderly, ensuring they receive the highest standard of care. We look forward to the integration of Hub Aged Care into our network and the positive impact it will have on our services.
Third Age Health NZX Announcements - Confirmation of acquisition of 70% of Hub Aged Care
No comments yet
EBOS announces appointment of new Chief Financial Officer
AM Best affirms Tower Limited's A- (Excellent) FSR
MCK enters into conditional agreement for Whangarei land
April 26th Morning Report
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills