Bidding war for UK healthcare REIT Assura heats up after new $1.96 billion bid
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Assura, a UK healthcare REIT, has received a new £1.5 billion ($1.96 billion) takeover bid from Primary Health Properties (PHP), marking the seventh bid in recent weeks. The latest offer includes PHP shares, cash, and a dividend, valuing Assura at 46.2 pence per share. This proposal is higher than a previous bid of 43 pence per share but lower than a competing offer from KKR and Stonepeak. Shareholders can choose to receive a mix of PHP shares and cash, with a firm offer deadline set for April 11.
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