Raise a glass for Scape founders Craig Carracher and Stephen Gaitanos. Street Talk can reveal the duo have defeated Singaporean sovereign wealth gorilla GIC in the battle for $3 billion-odd retirement living operator Aveo.
It is understood Canadian conglomerate Brookfield, which put Aveo on the auction block eight months ago via Morgan Stanley and Barrenjoey, last week granted Scape exclusivity following a frenetic final round of bidding.
Loading…