Primary Health Properties still the preferred bidder for Assura, says Shore Capital
9th May 2025 13:18
(Sharecast News) - Shore Capital has kept a 'buy' rating on healthcare real estate firm Primary Health Properties, saying the company is "still in the mix" over the bidding war for Assura and remains the preferable alternative to the latest offer from KKR and Stonepeak.
Read moreLondon close: Stocks fall as China retaliates to latest US tariffs
9th Apr 2025 15:07
(Sharecast News) - London stocks fell sharply on Wednesday, with investors reacting to heightened geopolitical tensions after China unveiled retaliatory tariffs in response to a sweeping 104% import charge on Chinese goods announced by US president Donald Trump overnight.
Read moreAssura rejects £1.5bn merger offer from PHP
9th Apr 2025 07:27
(Sharecast News) - UK medical property Assura on Wednesday said it had agreed to a £1.61bn takeover offer from private investors KKR and Stonepeak Partners after rebuffing a lower bid from Primary Health Properties.
Read moreLondon close: Stocks slide in global reaction to Trump tariffs
3rd Apr 2025 15:29
(Sharecast News) - London stocks closed sharply lower on Thursday as global markets reacted negatively to US president Donald Trump's unexpectedly aggressive global tariff policy announced overnight.
Read morePrimary Health Properties offers £1.5bn to merge with Assura
3rd Apr 2025 07:27
(Sharecast News) - Real estate investment group Primary Health Properties has made a £1.5bn proposal to merge with Assura, the developer and manager of GP and primary care buildings.
Read moreKKR, Stonepeak bid deadline for Assura extended
14th Mar 2025 15:01
(Sharecast News) - Assura said on Friday that the deadline by which investment firms KKR and Stonepeak must announce a firm offer for the group has been extended to allow the consortium more time for due diligence.
Read moreAssura 'minded to recommend' improved takeover proposal from KKR, Stonepeak
10th Mar 2025 07:02
(Sharecast News) - Assura said on Monday that it was "minded to recommend" an improved, £1.61bn cash takeover proposal from investment firms KKR and Stonepeak.
Read moreLondon close: Stocks finish lower amid US-Russia talks
18th Feb 2025 15:46
(Sharecast News) - London stocks closed lower on Tuesday, reversing earlier gains as investors digested the latest UK employment figures and monitored US-Russia peace talks.
Read moreKKR's £1.6bn takeover proposal 'materially' undervalues the group, says Assura
18th Feb 2025 08:12
(Sharecast News) - Assura confirmed on Tuesday that it had rejected a £1.56bn takeover proposal from US private equity firm Kohlberg Kravis Roberts (KKR).
Read moreKKR assessing options after Assura rejects four takeover bids
17th Feb 2025 07:22
(Sharecast News) - Private equity giant Kohlberg Kravis Roberts (KKR) confirmed on Monday that it has submitted four non-binding proposals to acquire FTSE 250 healthcare property investor Assura, with its latest offer valuing the company at £1.56bn.
Read moreAssura makes progress with disposals, developments
9th Jan 2025 10:00
(Sharecast News) - Healthcare property investor Assura reported significant progress in its third-quarter on Thursday, completing 17 property disposals during the quarter to generate net proceeds of £48.4m, in line with book value.
Read moreLondon close: Stocks close higher as investors look to Budget
28th Oct 2024 15:17
(Sharecast News) - London stocks had swung back into positive territory by the close on Monday, as investors prepared for a number of upcoming corporate earnings reports and the Autumn Budget.
Read moreAssura applies for secondary listing in South Africa
28th Oct 2024 07:42
(Sharecast News) - Healthcare-focused property investor Assura is to apply for a secondary listing on the Johannesburg Stock Exchange, which it believes will be beneficial to the company and its shareholders.
Read moreAssura offloads 12 assets for £25m
24th Oct 2024 09:38
(Sharecast News) - Assura announced the disposal of 12 assets for £25m on Thursday, in line with book value, to contribute to a partial repayment of its revolving credit facility.
Read moreAssura appoints Steven Noble to newly-created role of CIO
9th Sep 2024 07:20
(Sharecast News) - Specialist healthcare property investor and developer Assura said on Monday that it has appointed Steven Noble to the newly-created role of chief investment officer to support the business' short and long-term growth strategy.
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