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Assura plc Receives Attractive Cash Offer from KKR and Stonepeak Consortium

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Assura plc Receives Attractive Cash Offer from KKR and Stonepeak Consortium

An update from Assura plc ( (GB:AGR) ) is now available.

Assura plc has received a non-binding proposal from a consortium of Kohlberg Kravis Roberts & Co. Partners L.L.P. and Stonepeak Partners (UK) LLP for a possible cash offer of 49.4 pence per share, valuing the company at £1,607 million. This offer represents a significant premium over recent share prices, and the Board is inclined to recommend it, subject to further discussions and due diligence, while rejecting a less attractive proposal from Primary Health Properties PLC.

More about Assura plc

Assura plc operates in the UK as a leading real estate investment trust (REIT) specializing in the development and management of primary care properties, focusing on healthcare infrastructure.

YTD Price Performance: 8.48%

Average Trading Volume: 9,787,747

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.32B

For an in-depth examination of AGR stock, go to TipRanks’ Stock Analysis page.

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