Health House International parent Melodiol Global Health is considering a sale and leaseback of its Mernova facility in Canada as it looks to simplify its financial structure and generate additional working capital.

The land and property of Mernova has been valued at between A$10.4 million and $12m, an estimate which Melodiol said validates its “significant investment” in the facility.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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