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KKR says its bid for Assura is 'superior' to Primary Health Properties' higher offer

ReutersMay 19, 2025 6:23 AM

- KKR KKR.N said on Monday it believed its offer for British healthcare property investor Assura AGRP.L represented a "superior" proposal after rival suitor Primary Health Properties PHP.L outbid the U.S. private equity firm last week.

Assura said on Friday it was reviewing the new cash-and-stock offer from Primary Health Properties, which came in 4.7% higher than the KKR-Stonepeak all-cash bid.

The KKR-Stonepeak offer currently has the backing of the Assura board.

($1 = 0.7517 pounds)

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