KKR Believes Final Assura Offer Is Superior to Revised PHP Bid

KKR and Stonepeak Partners believe their final increased offer for Assura is superior to the revised offer from Primary Health Properties, according to a statement.

• Asked Assura’s board to change its recommendation from the revised PHP offer to KKR and Stonepeak’s increased bid
• KKR and Stonepeak would be prohibited from making any offer for Assura for a period of 12 months if their increased cash offer lapses
• NOTE: KKR’s Assura Battle Turns Into Referendum on Listed Real Estate
• NOTE: Assura Investor Schroders Favors PHP’s Takeover Offer Over KKR

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