(Updates to include more details.)
KKR and Stonepeak Partners agree to buy Assura in a cash deal that values the company at about £1.6 billion on a fully diluted basis, according to a statement.
- The offer for Assura includes 48.56p per share in cash, interim dividend of 0.84p
- Represents a 9% premium to Assura’s April 8 close price of 45.2p, according to Bloomberg calculations
- The deal is recommended unanimously by the Assura board
- No plans to change the locations of Assura’s headquarters
- Also no plans to make “material” reductions to Assura employee headcount
- Sees completion within about 12 months from ...
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