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Tech Macquarie sale of Oceania Healthcare, take three

Part of the attraction for prospective acquirers is Oceania has pockets of premium real estate in Auckland - but it's a finite resources and the current owners have already trousered much of the potential profits. This time around Macquarie and its associates are asking for $550 million to $600 million for Oceania. Sources said the last time Oceania was up for sale Quadrant came close to buying it, but after putting forward its price, the owners demanded more.
Financial Review
03/05
42 Points
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