02:59 PM EDT, 05/05/2025 (MT Newswires) -- National Bank noted Monday that Australian news outlet The Australian has reported that Healthscope's (HSO) debt is receiving bids from multiple parties, with bidders including Bain Capital, Pacific Equity Partners, Ramsay Healthcare, HMC Capital and non-profits.
National Bank said implications are mixed for NWH as this level of interest is a positive indicator for the future of operations at HSO, which the bank anticipates will survive. However, National added, those placing bids on HSO's operations are doing so on the agreement of a 10-15% reduction in rent and potentially the closure of unsustainable hospital operations.
The bank has an Outperform rating and C$5.65 Target on the stock.
Price: 4.85, Change: -0.08, Percent Change: -1.52