R1 RCM Agrees To Be Acquired By Investment Funds Affiliated With Towerbrook And CD&R In All-Cash Transaction With Enterprise Value Of $8.9B; Per Share Consideration At $14.30
Portfolio Pulse from Benzinga Newsdesk
R1 RCM has agreed to be acquired by investment funds affiliated with TowerBrook and CD&R in an all-cash transaction valued at $8.9 billion. The per-share consideration is set at $14.30, representing a 29% premium to the company's unaffected closing price on February 23, 2024.
August 01, 2024 | 11:40 am
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R1 RCM is set to be acquired by TowerBrook and CD&R for $8.9 billion in an all-cash transaction. Shareholders will receive $14.30 per share, a 29% premium to the unaffected closing price on February 23, 2024.
The acquisition news is highly relevant and important for R1 RCM shareholders as it offers a significant premium of 29% over the unaffected closing price. This is likely to positively impact the stock price in the short term.
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