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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