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An update from Austco Healthcare Limited ( (AU:AHC) ) is now available.
Austco Healthcare Limited has completed the acquisition of New Zealand-based G&S Technologies, a company renowned for its expertise in Nurse Call systems, RTLS, CCTV, and other integrated security and communication systems, particularly in the healthcare and aged care sectors. This strategic acquisition is intended to bolster Austco’s direct sales capabilities, accelerate growth, and expand its range of solutions to better serve the healthcare markets. The acquisition was funded through existing cash reserves and includes provisions for earnout payments based on future performance, reflecting Austco’s commitment to enhancing its market position and delivering value to stakeholders.
The most recent analyst rating on (AU:AHC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Austco Healthcare Limited stock, see the AU:AHC Stock Forecast page.
More about Austco Healthcare Limited
Austco Healthcare Limited is an international provider of healthcare communication and clinical workflow management solutions. Headquartered in Australia, the company operates through subsidiaries in six countries and supports healthcare facilities globally, focusing on markets such as health, aged care, and acute care across regions including Australia, New Zealand, Canada, UK, USA, Asia, and the Middle East.
Average Trading Volume: 199,154
Technical Sentiment Signal: Buy
Current Market Cap: A$114.7M
Find detailed analytics on AHC stock on TipRanks’ Stock Analysis page.
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