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(Reuters) -Ramsay Health Care and a consortium led by KKR ceased discussions on a takeover proposal, the hospital operator said on Monday, ending weeks of speculation on what could have been one of Australia's biggest private equity-fronted takeovers.
The KKR-led consortium first approached Ramsay in April with an A$88 cash per share bid but took it off the table in late August after the company reported a 39% slump in annual profit.
The bid was revised so that Ramsay shareholders would be ent...
>>> Read more: Australia's Ramsay Health and KKR-led group cease buyout talks
The KKR-led consortium first approached Ramsay in April with an A$88 cash per share bid but took it off the table in late August after the company reported a 39% slump in annual profit.
The bid was revised so that Ramsay shareholders would be ent...
>>> Read more: Australia's Ramsay Health and KKR-led group cease buyout talks
