17 May 2013

Quadrant eyes Australia listing

8:13 pm on 17 May 2013

Quadrant Private Equity has further cut its stake in the retirement home operator, Summerset, selling 30 million shares.

Quadrant now owns 22% down from 37%.

Summerset's chairman, Rob Campbell, says now more shares are available for Australian institutions to buy when the company lists on the Australian stock exchange.