Healthscope Ltd (ASX: HSO) shareholders received a boost on Wednesday when a second takeover offer came in from Brookfield Asset Management Inc.

Healthscope is the second biggest private hospital business in Australia and Brookfield is a global alternative asset manager with around US$285 billion in assets in management.

There is currently two takeover offers on the table for Healthscope. One offer from a consortium led by AustralianSuper and BGH Capital is for $2.36 per share and the new offer from Brookfield.

We covered the AustralianSuper led offer in more detail here: Is AustralianSuper & PE About To Buy Healthscope Ltd?

The Brookfield offer is $2.50 cash per share, which it said was a 23% premium to Healthscope’s closing price before the AustralianSuper consortium bid.

Brookfield is offering existing Healthscope shareholders an opportunity to invest alongside Brookfield in a privatised Healthscope as a significant minority position.

The proposal by Brookfield is subject to a number of conditions like due diligence, arranging debt finance for the purchase, approval by Brookfield’s investment committee, receiving all necessary regulatory approvals and a “level playing field condition”.

The Healthscope share price is up 2.8% since last Friday according to Google Finance.

Interested in finance and investing?

Did you know it’s free to join The Rask Group’s Investor Club Newsletter? It’s a regular (usually weekly) news and educational update on financial markets, investing and unique strategies. Join today and get ready to laugh and learn.

Click here to join The Rask Group’s Investor Club Newsletter Today