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(Bloomberg) -- A buyout group led by KKR & Co. has withdrawn its A$20.1 billion ($14 billion) all-cash bid for Ramsay Health Care Ltd. a day after the operator of Australiaâs largest network of private hospitals said it would not engage further on an alternative cash-and-shares proposal.
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Most Read from Bloomberg
GOP Fury Over ESG Triggers Backlash With US Pensions at Risk Nearly 60,000 Sneakers in $85 Million Ponzi Scheme to Go on Sale Korea Shatters Its Own Record for Worldâs Lowest...
>>> Read more: KKR Group Rules Out Ramsay Cash Bid, Threatening Deal