Acquisition of APHG for c.NZ$550m

  • Cameron Partners together with Rothschild & Co advised Ontario Teachers’ Pension Plan (“OTPP”) in relation to the acquisition of Asia Pacific Healthcare Group (“APHG”) for c.NZ$550m
  • OTPP acquired APHG in consortium with New Zealand Superannuation Fund, New Zealand’s sovereign wealth fund, who will each hold a 50% stake
  • APHG is New Zealand’s largest provider of pathology services, operating 150 collection centres across New Zealand. The business is currently part of Healthscope, an Australian hospital operator owned by Brookfield
  • The transaction is subject to customary approvals including approval from New Zealand’s Overseas Investment Office
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