UK's Assura rejects $2 billion proposal from KKR, pension fund
Portfolio Pulse from
Assura, a UK-based healthcare real estate investment trust, has rejected a $1.96 billion proposal from KKR and the Universities Superannuation Scheme. KKR, a U.S.-based private equity group, confirmed the rejection on Monday.
February 17, 2025 | 8:00 am
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KKR's $1.96 billion proposal to acquire Assura was rejected. This could impact KKR's short-term stock price as the market reacts to the failed acquisition attempt.
The rejection of a significant acquisition proposal can lead to a negative market reaction for KKR, as investors may have anticipated growth from the acquisition. The news is directly related to KKR's strategic moves, making it relevant and important.
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IMPORTANCE 70
RELEVANCE 80