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UK's Assura rejects $2 billion buyout bid from KKR, pension fund

Summary by Reuters

British healthcare property developer Assura has rejected a 1.56 billion pound ($2 billion) acquisition bid from KKR and pension fund Universities Superannuation Scheme, the U.S.-based private equity group said on Monday.

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Reuters

+3 Reposted by 3 other sources

UK's Assura rejects $2 billion buyout bid from KKR, pension fund

5 days ago·United Kingdom

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U.S. News

UK's Assura Rejects $2 Billion Buyout Bid From KKR, Pension Fund

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

6 days ago·New York, United States

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Forbes

British Landlord Assura Turns Down KKR’s $2 Billion Takeover Bid

The board of Assura has rejected KKR’s fourth offer to acquire the British healthcare landlord in a deal that would have valued it at £1.56 billion.

6 days ago·United States

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DirectorsTalk Interviews

Assura Plc rejects possible cash offer from KKR

Assura plc (LON:AGR) has noted the announcement from KKR yesterday relating to the indicative, non-binding proposal that it submitted to the Assura Board on 13 February 2025 regarding a possible cash offer for the entire issued share capital of the Company at 48 pence per share. The Board confirms that it considered the Proposal carefully with its advisers and concluded that it materially undervalued the Company and its prospects and therefore r…

4 days ago

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UK Investor Magazine

Assura rejects KKR bid

Assura plc has unanimously rejected a takeover proposal from private equity firm KKR, declaring that the offer “materially undervalued” the healthcare property company and its future prospects. The proposal, which was submitted to Assura’s board on 13 February, outlined a non-binding cash offer of 48 pence per share for the company. KKR has not submitted […] The post Assura rejects KKR bid appeared first on UK Investor Magazine.

4 days ago

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Bisnow

KKR Has A Month To Decide On £1.6B Takeover Bid As Its Target Rejects Latest Attempt

Private equity firm KKR has a month to decide whether to put in a fresh bid for listed healthcare real estate investor Assura after its latest proposal to buy the company was rejected and its partner in the deal said it would drop out. KKR said Monday that it had made a nonbinding proposal of 48p a share for Assura, valuing the company at £1.6B. That is 28% above Assura’s share price before the offer was announced but 3% below the net asset valu…

5 days ago

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