Regis Corporation shares fall 4.28% intraday despite acquisition of Rockpool RAC Holdings Pty Ltd for AUD 140 million.

Regis Corporation dropped 4.28% intraday, with the company announcing a binding agreement to acquire Rockpool RAC Holdings Pty Ltd for approximately AUD 140 million. The acquisition includes four premium aged care homes in South-East QLD, with a cash consideration of AUD 135 million to be paid by Regis Healthcare Limited. The transaction is expected to be completed by September 1, 2025.