UK's Assura rises on talks with KKR consortium for $2.08 billion offer

British healthcare real estate investment trust Assura AGRP.L up ~14% at 46.5p

Stock at its highest point since January 16, 2024

Co says it will likely consider a 1.61 billion pounds ($2.08 billion) offer from KKR KKR.N and Stonepeak Partners

AGRP rejected four previous offers from another KKR-led consortium

Cash offer for 49.4 pence apiece is at a 31.9% premium to the closing share price on February 13 when the previous offer was made

Proposal represents a 21.3% premium to Friday's close

AGRP also rejected an offer from London-listed Primary Health Properties PHP.L

PHP shares up ~4%

As of last close, AGRP up ~6% YTD

($1 = 0.7745 pounds)