Symbion-Ebos deal?
May 29, 2013
SYMBION Pharmacy Services is
reportedly considering a possible
merger with New-Zealand’s
Ebos Group, with the combined
operations to be run by Symbion
ceo Patrick Davies.
According to a report in today’s
Financial Review, investors have
been asked about investing in the
combined entity in the lead-up to
a listing on the Australian Stock
Exchange.
Merchant bank UBS is advising
Ebos and has suggested a capital
raising underwritten by a $90m
share placement and a $150m
rights issue.
Ebos is publicly listed in NZ and
has a range of operations including
Ebos Healthcare, which distributes
health products in Australia, New
Zealand, Papua New Guinea, Fiji
and the Pacific Islands.
Ebos also owns the Masterpet
Group animal care business.
Symbion Pharmacy Services is
owned by Hong Kong-based Zuellig
Group, which bought the pharmacy
business after Primary Health
acquired Symbion Health in 2008.
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