June 14, 2020 / 11:28 PM / 2 months ago

Australia's Healius to sell primary care business to BGH for $342 mln

June 15 (Reuters) - Australia’s Healius Ltd on Monday agreed to sell its primary care business, which includes large scale medical centres and dental practices, to funds managed by private equity firm BGH Capital for A$500 million ($342 million).

Healius also said it agreed to refinance its syndicated bank debt facility, increasing it to A$570 million and extending its maturity to January 2024.

$1 = 1.4628 Australian dollars Reporting by Soumyajit Saha in Bengaluru; Editing by Tom Hogue

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