Millennium Limited (ASX:MHD) entered into an agreement to acquire Advent Health Pty Ltd from Code Corporation Pty Ltd for AUD 10 million on March 13, 2020. Under the term, Millennium Limited will acquire 10 million shares of Advent Health. Millennium Limited will pay AUD 2 million in cash and 5.2 million in shares at the time of closing. Additionally, 1.4 million share will paid, if financial year 2020 results achieve the EBITDA forecasts and 1.4 million share will paid, if financial year 2021 results achieve the EBITDA forecasts. The transaction will be financed from the proceeds of AUD 21 million being raised through offering of Millennium and from AUD 14.7 million credit finance facility from Commonwealth Bank of Australia. As of July 31, 2020, Millennium announced that it has withdrawn its offering transaction. ASX has advised to revoke the extension of removal date provided on July 23, 2020 given Millennium is no longer in the final stage of implementing a transaction that will lead to the resumption of trading in its securities. Post completion, Advent Health will operate as a wholly owned subsidiary of Millennium Limited. Post completion, Advent Health will change its name to Advent Health Operations Pty Ltd. Millennium Limited will be renamed as Advent Health Limited. The transaction is subject to the approval of the Millennium Limited's shareholder at the general meeting expected to be held in May 2020. Shareholder meeting will be held on June 30, 2020. Computershare Investor Services Pty Ltd acted as registrar for Millennium Limited.