Improved bid intensifies battle for NHS landlord Assura
A battle for control of a landlord of hundreds of British doctors' surgeries has intensified as Assura received an improved bid from a fellow property investor valuing the business at close to £1.7 billion.
Assura said that Primary Health Properties (PHP), another major NHS landlord, had returned with an improved offer after a previous bid was rejected in April.
The latest PHP bid, worth £1.68 billion, is also higher than the £1.61 billion offered by KKR and Stonepeak Partners, the American private equity giants, which Assura said it had accepted last month.
Assura said: 'The board of Assura is currently reviewing the PHP offer with its advisers. A further announcement will be made in due course. In the meantime, shareholders are advised to take
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