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Assura plc Board Rejects KKR’s Acquisition Proposal

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Assura plc Board Rejects KKR’s Acquisition Proposal

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Assura plc ( (GB:AGR) ) just unveiled an update.

Assura plc’s Board has rejected a non-binding proposal from Kohlberg Kravis Roberts & Co. Partners L.L.P. (KKR) to acquire the company at 48 pence per share, deeming it to significantly undervalue Assura’s worth and prospects. The Board remains confident in the company’s long-term potential and advises shareholders to take no action at this time, as they await further developments before the deadline set for KKR to make a firm offer.

More about Assura plc

Assura plc operates in the real estate sector, focusing primarily on the development and management of primary care properties in the UK. The company is dedicated to providing high-quality healthcare facilities, aiming to meet the growing demand for healthcare services.

YTD Price Performance: 1.72%

Average Trading Volume: 7,841,566

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.27B

For an in-depth examination of AGR stock, go to TipRanks’ Stock Analysis page.

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