Estia acquires Sydneys Kennedy Health Care 959 beds
Estia has won the bidding for the family owned Kennedy Health Care, paying a combination of cash paid out over nine months plus $50 million worth of Estia shares. The purchase delivers Este 959 beds across eight facilities plus brownfield and...
Estia has won the bidding for the family owned Kennedy Health Care, paying a combination of cash paid out over nine months plus $50 million worth of Estia shares.
The purchase delivers Este 959 beds across eight facilities plus brownfield and Greenfield development opportunities.
Estia has committed to invest $88 million over the next five years refurbishing existing facilities.
