Ramsay Health says KKR-led group not willing to improve $14.5 bln offer
Australian hospital operator Ramsay Health Care said on Tuesday a consortium led by KKR Co Inc had declined to improve its near $14.5 billion cash-and-stock offer that Ramsay considers “meaningfully inferior.” Ramsay’s stock slid nearly 12%. The consortium, whose members include Australian pension fund HESTA and the Abu Dhabi Investment Authority (ADIA), cited Ramsay’s […]
Ramsay Health says KKR-led group not willing to improve $14.5 bln offer
Australian hospital operator Ramsay Health Care said on Tuesday a consortium led by KKR Co Inc had declined to improve its near $14.5 billion cash-and-stock offer that Ramsay considers “meaningfully inferior.” Ramsay’s stock slid nearly 12%. The consortium, whose members include Australian pension fund HESTA and the Abu Dhabi Investment Authority (ADIA), cited Ramsay’s […]