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By Ambar Warrick
Investing.com-- Shares of Australian hospital operator Ramsay Health Care Ltd (ASX:RHC) slumped on Tuesday after the firm said that a consortium led by private equity giant KKR & Co LP (NYSE:KKR) declined to increase a takeover offer for the firm.
Shares of the firm slumped nearly 11% to A$62.82 - their lowest level since mid-March.
Ramsay said in a statement to the Australian Stock Exchange that the consortium, citing Ramsayâs recent annual results, said it was not in a...
>>> Read more: Ramsay Health Care Shares Plummet to 5-Mth Low as KKR Deal Collapses
Investing.com-- Shares of Australian hospital operator Ramsay Health Care Ltd (ASX:RHC) slumped on Tuesday after the firm said that a consortium led by private equity giant KKR & Co LP (NYSE:KKR) declined to increase a takeover offer for the firm.
Shares of the firm slumped nearly 11% to A$62.82 - their lowest level since mid-March.
Ramsay said in a statement to the Australian Stock Exchange that the consortium, citing Ramsayâs recent annual results, said it was not in a...
>>> Read more: Ramsay Health Care Shares Plummet to 5-Mth Low as KKR Deal Collapses