UK's PHP secures acceptance from 62.9% Assura shareholders, clears path for acquisition

MSN
2025.08.12 16:03
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Primary Health Properties (PHP) has secured acceptances for 62.9% of Assura shares in its $2.4 billion takeover bid, allowing it to proceed with the acquisition. Assura continues to support PHP's bid despite competition from KKR, which had been vying for the company. PHP's higher offer was backed by Assura's board in June, concluding a months-long bidding war.