China Resources, Macquarie to buy control of Australia healthcare firm GenesisCare, KKR exits

China Resources, Macquarie to buy control of Australia healthcare firm GenesisCare, KKR exits

Chinese state-owned conglomerate China Resources Group and Australian bank Macquarie Group Ltd plan to buy majority control of GenesisCare Ltd, laying the groundwork for Australia‘s biggest cancer and cardiac services provider to expand into the world’s second-largest economy.

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