News

PHP, Assura and KKR

KKR snubbed as Assura shareholders vote through PHP bid
Investors in NHS landlord Assura have voted to accept a bid from its London-listed rival Primary Health Properties, bringing an end to a bitterly fought takeover battle between PHP and private equity behemoth KKR.
PHP wins bid for Assura as merger offer hits 62% acceptances
PHP has received enough valid acceptances of its offer for shares in Assura, the Altrincham-based healthcare property business. Shareholders with 2,049,296,826 worth of Assura Shares, representing approximately 62.93 per cent of the total have backed their offer.
UK's Assura snubs KKR takevoer bid in support of competing PHP offer
British healthcare real estate investor Assura said on Friday that it maintains its support for a takeover bid by Primary Health Properties despite rival suitor KKR urging it to back its competing offer.
KKR urges UK's Assura board to back its takeover bid over PHP offer
Private equity fund KKR has urged the board of British healthcare real estate investor Assura to back its takeover bid and withdraw its support for a rival offer from Primary Health Properties. KKR, which is leading the bid with Stonepeak Partners,
KKR hasn’t given up on bid for Assura – but PHP pushes back
Private equity giant KKR hasn’t given up on its bid for healthcare property business Assura and says the current preferred offer from PHP is no longer the most attractive option given share movements and the threat of a competition probe.
Bidding battle for Assura heats up as competition watchdog takes further action
A consortium led by KKR has called on Assura’s board to change its recommendation for the £1.79 billion offer from healthcare property firm PHP.
Devdiscourse4h

Healthcare Highlights: Assura Bid, Wegovy Lawsuits, and AI in Hospitals

This article covers key health news including Primary Health Properties securing a takeover bid for Assura, Novo Nordisk's ...

UK's PHP secures acceptance from 62.9% Assura shareholders, clears path for acquisition

Primary Health Properties said on Tuesday it had secured acceptances for 62.9% of Assura shares in its takeover bid for the British healthcare real estate investor. PHP confirmed that all remaining ...

Primary Health Properties fresh offer for Assura now unconditional

(Alliance News) - Primary Health Properties PLC on Monday declared its revised offer for peer Assura PLC as unconditional, effectively taking "significant" control of the Altrincham, England-based ...

UK Primary Health Properties Fends Off KKR Bid for Landlord Assura

Primary Health Properties Plc has prevailed in the fiercely contested takeover battle for rival landlord Assura Plc, a watershed deal that saw shareholders reject a cash offer from private equity in ...
Moneyweb10h

ASSURA PLC – Revised Offer Declared Wholly Unconditional

THIS ANNOUNCEMENT AND THE INFORMATION HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW Z ...
Morningstar2mon

Correction to Assura Takeover Article - Morningstar

Assura agreed to a takeover offer valuing it at 1.70 billion pounds. "Assura Agrees to Sweetened $2.29 Billion Takeover Offer From KKR, Stonepeak," at 0649 GMT misstated the figure.

TMR Capital (PTC) Limited’s View on the Assura plc Acquisition Offers

TMR Capital (PTC) Limited ("TMR"), with a shareholding in Assura plc ("Assura", the "Company"), believes, in its opinion, ...
Moneyweb10h

PRIMARY HEALTH PROPERTIES PLC – Revised Offer Declared Wholly Unconditional

THIS ANNOUNCEMENT AND THE INFORMATION HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW Z ...