"Agreement to acquire 100% of UK based mental healthcare provider Elysium Healthcare (Elysium) for a pre-IFRS 161 enterprise value of £775m (A$1.4bn) from private equity firm BC Partners

Transaction expected to deliver synergies of at least 5mill pounds p.a."

Interesting move into the mental health space - a growing sector with strong government backing and increasing research in diagnostics and treatments (in UK, Aust, France and Sweden in which they operate). They also mention leverage and extension into 'learning difficulties and neurological issues' space. I see this as a HUGE market, at both ends of the age spectrum with many government subsidies being increasingly encompassing of this area.

PE currently at 39.26, a bit on the high side.