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Medibank makes Myhealth investment
Corrs Chambers Westgarth has advised Medibank on its investment in Myhealth Medical Group.
Emma Musgrave
Firms: Corrs Chambers Westgarth (Medibank); Undisclosed (Myheath Medical Group).
Value: Undisclosed.
Area: M&A, finance.
Key players: The team advising Medibank was led by corporate partner Sandy Mak, competition partner Mark McCowan, banking and finance partner Rommel Harding-Farrenberg, employment partner Stephen Price, intellectual property partners Eugenia Kolivos and Helen Clarke, and property and real estate partner Nathaniel Popelianski.
Deal significance: Myhealth Medical Group is a leading operator of primary care clinics.
According to a statement from Corrs Chambers Westgarth, the acquisition by Medibank recognises the vital role of GPs in the community and the positive impact they have on the healthcare system.
Corrs’ cross-practice team advised on everything, from the structuring and due diligence of the deal to the signing of the transaction documents, and will continue to advise Medibank up to completion of the transaction, which is expected to take place in March 2021.
“It has been a pleasure and privilege to work on another strategic transaction with Medibank,” corporate partner Sandy Mak said.
“It was a great team effort involving a wide range of Corrs practice groups across the country.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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