Evolution Healthcare, the Australian private equity healthcare company which owns Boulcott Hospital in Lower Hutt, is buying shares in Acurity Health which owns rival Wakefield Hospital. Shares in private hospital group Acurity Health jumped 36 percent to an 11-month high as about 3.8 percent of the stock changed hands at $5.50. Evolution Healthcare “is obviously trying to buy a large …

Shares in Metlifecare surged, making it the best performer on the NZX 50 benchmark index today, on optimism new cornerstone shareholders Infratil and the New Zealand Superannuation Fund will add value to the retirement village developer and operator. Infrastructure investor Infratil and the NZ Super Fund, who previously worked together on Z Energy, both plan to hold a 19.9 percent …

Shares in private hospital group Acurity Health jumped to an 11-month high in early trading today as almost 3.3 percent of the company’s shares on issue changed hands. The stock climbed 36 percent $5.50, the highest since November last year, on turnover of about $3.3 million. That’s a 3 percent premium to Acurity’s net tangible assets, valued at $5.34 according …