RHCPA News: KKR Scraps A$14.5B Takeover Bid Of Australia's Ramsay Health Care - 13th Sep 2022, 8:08pm

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Talks regarding KKR & Co (NYSE: KKR)-led consortium buying Australian hospital operator Ramsay Health Care Ltd (OTC: RMSYF) (OTC: RMYHY) have fallen apart. The consortium sent a letter reconfirming it would not offer A$88 a share and could not increase its alternative proposal. In April this year, a KKR-led consortium offered to buy Ramsay Health Care Ltd for roughly $14.9 billion. The bid was revised so Ramsay shareholders would be entitled to A$88 per share as in the all-cash proposal bu...

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