Promisia Healthcare to acquire Christchurch retirement village for $25 million
NZX-listed aged care operator Promisia Healthcare has agreed to buy Chatswood Retirement Village in Christchurch for $25 million.
Promisia Healthcare has entered a conditional agreement to acquire the shares of the two companies that own and operate Chatswood Retirement Village in Opawa, Christchurch. The aged care and retirement village operator, which is listed on the NZX, says the deal will immediately lift underlying earnings and operating free cash flow.
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Promisia Healthcare to buy Christchurch retirement village for $25m
Promisia Healthcare has agreed to buy Chatswood Retirement Village in Christchurch for $25 million in a deal it says will immediately lift underlying earnings and operating free cash flow. The NZX-listed aged care and retirement village operator said on Thursday…