Healius receives $2.02bn takeover offer

Healius Ltd has received a non-binding $2.02 billion takeover bid for the hospital operator from a unit of Hong-Kong based Jangho Group.

Australian hospital operator Healius Ltd has received a non-binding $2.02 billion (bid from its largest shareholder, Jangho Group Co, to buy it out.

Jangho owns nearly 16 per cent of Healius, formerly known as Primary Health Care.

It has made an indicative cash offer of $3.25 per share, Healius said in a statement.

That represents a 33.2 per cent premium to Healius' last closing price.

Healius said it was reviewing the offer, and that shareholders should not take any action at this stage.

The hospital operator has appointed UBS as financial adviser and King & Wood Mallesons as legal adviser.