Assura Group rejects KKR's takeover bid for $2.3 billion, accepts $2.4 billion offer from competitor.

From Yahoo Finance: 2025-06-29 21:47:00

Assura Group rejects KKR’s $2.3 billion bid in favor of a higher offer from Primary Health Properties, totaling $2.4 billion. Despite initially securing a tentative agreement, KKR ultimately loses out on acquiring Assura, reflecting industry competition and strategic ambitions. Analysts maintain a positive outlook on KKR’s fundamentals, with 12 ‘Buy’ ratings and a consensus price target suggesting over 16% upside. The company remains focused on targeted acquisitions and growth-inducing investments as a private equity and real estate investment firm, positioning itself strongly in a growth stock portfolio.

Read more: Assura Group Rejects KKR & Co. Inc. (KKR) Takeover Bid in Favor of Competitor $2.4 Billion Offer