Reported 4 days ago
British healthcare property developer Assura has turned down a £1.56 billion ($2 billion) acquisition offer from KKR and the Universities Superannuation Scheme. Despite a nearly 18% surge in Assura's shares following the bid, the company's board deemed KKR's latest offer of 48 pence per share too low. KKR is now contemplating whether to pursue further engagement with Assura, while USS stated it wouldn't make an offer, leaving KKR's next steps uncertain.
Source: YAHOO