Healthscope says takes stake in Symbion

SYDNEY, Nov 27 (Reuters) - Healthscope Ltd (HSP.AX: Quote, Profile, Research, Stock Buzz) said on Tuesday it has taken a 9.99 percent stake in Symbion Health Ltd SYB.AX through an equity swap arrangement with Goldman Sachs JB Were.

The swap arrangement is for six months and does not give Healthscope any voting rights, it said.

Earlier on Tuesday Symbion said a planned A$2.8 billion ($2.4 billion) takeover by Healthscope would not proceed after Australian tax authorities disallowed tax relief on the deal. ($1=A$1.15) (Reporting by Ben Wilson)