RHCPA News: RPT-UPDATE 2-KKR-led group walks away from $15 bln all-cash offer for Australia's Ramsay - 26th Aug 2022, 2:56pm

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Aug 26 (Reuters) - Ramsay Health Care Ltd said on Friday a group led by private equity giant KKR & Co pulled the plug on a near $15 billion all-cash buyout offer for the Australian hospital operator, but a cash and stock bid remains on the table.

On Thursday, Ramsay received an alternate proposal from the KKR-led consortium in that its shareholders would be entitled to receive the full A$88 per share offer for the first 5,000 shares.

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