Announced

KKR and Stonepeak to acquire Assura for £1.6bn.

Synopsis

KKR, an investment firm, and Stonepeak, an alternative investment firm, agreed to acquire Assura, a British-based property business, for £1.6bn. "The board of Assura is focused on delivering maximum value for Assura Shareholders. The cash offer from KKR and Stonepeak allows Assura Shareholders to realise their investment at an attractive price. At the same time, I am confident that the Company will continue to flourish under the ownership of KKR and Stonepeak. With the benefit of the additional capital that KKR and Stonepeak can provide, Assura will be able to continue to support the NHS and other healthcare providers in delivering improved health outcomes," Ed Smith, Assura Non-Executive Chair.

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