RHCPA News: UPDATE 2-Australia's Ramsay Health gets 'inferior' alternate offer from KKR-led group - 25th Aug 2022, 6:39pm

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(Updates with background, detail)

By Sameer Manekar

Aug 25 (Reuters) - Australia's Ramsay Health Care Ltd said on Thursday it received a "meaningfully inferior" alternate proposal from a group led by KKR & Co that would allow it to retain a 37% stake in its Paris-based unit Ramsay Generale De Sante.

Ramsay currently owns over 52% shares in the Paris-based Ramsay Generale De Sante (Ramsay Sante). If accepted, the alternate offer would give the consortium a 15% stake in the hospital operator, w...

>>> Read more: UPDATE 2-Australia's Ramsay Health gets 'inferior' alternate offer from KKR-led group
 
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