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Oceania Healthcare in trading halt to raise $100m

Funds will be used to buy existing Auckland village plus land.

Oceania Healthcare is in a trading halt after announcing it will raise $100 million to fund acquisitions.

The aged care and retirement village operator told the market this morning it will do a placement to institutional investors of about $80m, followed by an offer to retail investors of up to

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Calida Stuart-Menteath Tue, 23 Mar 2021
Contact the Writer: calida@nbr.co.nz
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Oceania Healthcare in trading halt to raise $100m
General Business,
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