Close Menu
Newsy Tribune
  • Home
  • News
    • United States
    • Europe
    • Canada
    • Australia
    • Asia
    • Africa
    • South America
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Science
  • Money
  • Sports
  • Tech
Trending

Bachelor Nation’s Kelsey Anderson Explains Why She Got Veneers

February 24, 2025

Indonesian President Prabowo’s quest for food security faces challenges

February 24, 2025

Dodgers' Bobby Miller 'very confident' he can start throwing again soon after scary head injury, manager says

February 24, 2025
Facebook X (Twitter) Instagram
Trending
  • Bachelor Nation’s Kelsey Anderson Explains Why She Got Veneers
  • Indonesian President Prabowo’s quest for food security faces challenges
  • Dodgers' Bobby Miller 'very confident' he can start throwing again soon after scary head injury, manager says
  • Trump posts SpongeBob meme to poke fun at outrage over Elon Musk’s email asking federal workers what they did last week
  • Jane Fonda’s Political Stand Steals the Spotlight at SAG Awards
  • Border Patrol taking control of former USAID HQ
  • Sharon Osbourne Admits the ‘Biggest Mistake’ She Ever Made with Husband Ozzy Osbourne
  • Why Trump’s ‘Mar-A-Lago Accord’ Would Financially Matter To You
Login
Facebook X (Twitter) Instagram
Friday, May 9
Newsy Tribune
Subscribe Newsletter
  • Home
  • News
    • United States
    • Europe
    • Canada
    • Australia
    • Asia
    • Africa
    • South America
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Science
  • Money
  • Sports
  • Tech
Newsy Tribune
Home»Money
Money

British Landlord Assura Turns Down KKR’s $2 Billion Takeover Bid

News RoomBy News RoomFebruary 18, 2025
Share Facebook Twitter Pinterest LinkedIn Telegram Email WhatsApp Copy Link

Summary of KKR’s Offer to Assess Assura: A Comprehensive Overview

In a significant move, the board of Assura approved KKR’s fourth offer to acquire the British healthcare landlord, standing at £1.56 billion — approximately £1.26 billion valued at the time of the fourth offer. This bid was significantly higher than Assura’s opening share price and provided a 28% premium cost to its shareholders, showcasing KKR’s strategic approach to growth.

KKPR’s Offering: Market Neither לשם nor Compelling
KKR’s announcement was met with skepticism. The firm’s terms, setting a 48 pence per share offer, were perceived as a low risk for Assura’s shareholders, though the potential gain was deemed averse by market standards. Assura’s shares rose early in trading due to the proposed bid, but were subsequently perlied after par value adjustments, ending the trading day lower at 42.5 pence a share, a gain close to 9%.

KKR’s Investment Management, USS Investment Management, had an unsolicited approach to the bid, which was cut short as it emerged to negotiate further. This move left KKR’s quest for solid funding white实施 in limbo, as USS_factors decided not to pursue a second offer for Assura, indicative of an effort to cut costs.

Aվ.untilatory Market Conditions
Assura, a prominent property developer and healthcare landlord operator, had a portfolio valued at over £3.1 billion by September 2024, with market value now at approximately £1.26 billion. The company’s operations were in the U.K., with campuses spanning Altrincham, reflecting its commitment to healthcare innovation in the region.

Valuation adjustments (VAA) were noted in the latest accounting, indicating significant differences in fair value and adjusted inventory accounting. However, this was unlikely to disrupt Assura’s quarterly results, given the firm’s stable physical presence.

KF’s Previous Offers and Rejection
KKR had a history of strategic buyouts, offering hefty sums to ailing branches. Previous bids saw strong reactions from Assura’s board. The latest offer, rejected by the same board, meant KKR’s insisting on a buy and build approach became more practical.

New Approach: A CV for Buy and Build Management
Available this month is a definitive period for KKR to define their approach, offering flexibility that 若围绕趣味可建立 buyouts and new developments ,K Peoples_ONE,}else might face questions regarding operational feasibility , thus highlighting KKR’s evolution into a diversified company. It’s a balance between financial upside and asset value stability, reflecting KKR’s strategic priorities.

Related Articles

Why Trump’s ‘Mar-A-Lago Accord’ Would Financially Matter To You

Expatriate Tax Burdens Get A New Focus

Tax Treatment Of Medical Family Leave Programs — Refund Opportunity

5 Top Nuclear Energy Stocks To Buy In 2025

No Rate Cut Expected At Next Fed Decision On March 19

Widowed Individuals Should Consider Portability Now

Editors Picks

Indonesian President Prabowo’s quest for food security faces challenges

February 24, 2025

Dodgers' Bobby Miller 'very confident' he can start throwing again soon after scary head injury, manager says

February 24, 2025

Trump posts SpongeBob meme to poke fun at outrage over Elon Musk’s email asking federal workers what they did last week

February 24, 2025

Jane Fonda’s Political Stand Steals the Spotlight at SAG Awards

February 24, 2025

Latest Updates

Border Patrol taking control of former USAID HQ

February 24, 2025

Sharon Osbourne Admits the ‘Biggest Mistake’ She Ever Made with Husband Ozzy Osbourne

February 24, 2025

Why Trump’s ‘Mar-A-Lago Accord’ Would Financially Matter To You

February 24, 2025

Subscribe to News

Get the latest news and updates directly to your inbox.

Facebook X (Twitter) Pinterest TikTok Instagram
© 2025 Newsy Tribune. All Rights Reserved.
  • Privacy Policy
  • Terms of service
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?