One is the loneliest number. And never more so than in the case of pathology giant Healius, which has a single bidder still crunching the numbers on its Lumus radiology business after private equity firm TPG Capital withdrew on Thursday.
Last week, John Wylie’s Tanarra Capital, one of Healius’ largest shareholders, urged the company to abandon plans to sell Lumus. Now, Street Talk can reveal Affinity Equity Partners, advised by Barrenjoey, is the only party left in the auction, which is being run by UBS.has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories.
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