Ryman Healthcare enjoyed its best week in almost two years.
Council retains just over 11% after sale, which netted nearly $836m.
Unsolicited offer would take stake to 19.9%.
‘We’ll always keep looking for those acquisitions,’ says CEO Richard Rookes.
Net loss deepened to $7.2 million in year to June, amid contract loss and darker economic clouds.
But the company says the result reflects ongoing investment into the business.
NZX-listed software-as-a-service business implements cost-cutting measures as losses mount.
The wellness retailer says outlook remains "challenging" following tough year.
Full-year profit rises to $95.9 million, while net interest margin fell to 3.97%.
Five years after listing across the Tasman as Keytone Enterprises, trading in its shares is suspended with the appointment of receivers.
