Assura plc Updates on Competing Offers and Regulatory Clearances

The latest announcement is out from Assura plc ( (GB:AGR) ).

Assura plc has announced updates regarding a cash offer from Sana Bidco Limited, a company indirectly owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and Stonepeak Partners LP. The offer involves the acquisition of all issued and to be issued ordinary share capital of Assura. Additionally, Primary Health Properties plc (PHP) has made a competing share and cash offer. Assura has adjourned the meetings required to implement the Sana Bidco offer and is conducting due diligence on PHP’s offer. Regulatory clearances from several international authorities have been received for the Sana Bidco offer, and a valuation report for properties in Ireland has been published on Assura’s website.

The most recent analyst rating on (GB:AGR) stock is a Buy with a £55.00 price target. To see the full list of analyst forecasts on Assura plc stock, see the GB:AGR Stock Forecast page.

Spark’s Take on GB:AGR Stock

According to Spark, TipRanks’ AI Analyst, GB:AGR is a Outperform.

Assura plc scores well due to its strong cash flow and technical indicators, alongside strategic corporate actions that enhance investor confidence. However, the company faces profitability challenges with recurring net losses, slightly offset by a strong dividend yield. Focus on improving operational efficiencies and leveraging its strong asset base could bolster future performance.

To see Spark’s full report on GB:AGR stock, click here.

More about Assura plc

Average Trading Volume: 32,000,572

Technical Sentiment Signal: Buy

Current Market Cap: £1.61B

Find detailed analytics on AGR stock on TipRanks’ Stock Analysis page.