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By Scott Murdoch and Indranil Sarkar
(Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity firm KKR & Co Inc has withdrawn a near $15 billion all-cash buyout offer, leaving on the table a cash-and-stock bid that the Australian hospital operator rejected.
Under the cash-and-stock offer disclosed on Thursday, Ramsay shareholders would be entitled to A$88 per share - as in the all-cash proposal - but only for the first 5,000 shares.
For investors with larger stakes, the ...
>>> Read more: KKR-led group cans $15 billion all-cash bid for Australia's Ramsay, proposes alternative
(Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity firm KKR & Co Inc has withdrawn a near $15 billion all-cash buyout offer, leaving on the table a cash-and-stock bid that the Australian hospital operator rejected.
Under the cash-and-stock offer disclosed on Thursday, Ramsay shareholders would be entitled to A$88 per share - as in the all-cash proposal - but only for the first 5,000 shares.
For investors with larger stakes, the ...
>>> Read more: KKR-led group cans $15 billion all-cash bid for Australia's Ramsay, proposes alternative