KKR plans A$20 billion bid for Australia’s Ramsay Health Care, sources say

04/19/2022

Less than a minute

2022.04.19 17:05

KKR plans A$20 billion bid for Australia's Ramsay Health Care, sources say
FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

HONG KONG/SINGAPORE (Reuters) – Private equity giant KKR is working on a A$20 billion ($14.7 billion) bid for Australian-listed global hospital and clinic group Ramsay Health Care, two sources familiar with the matter told Reuters on Tuesday.

KKR declined to comment while Ramsay Health Care did not immediately respond to a request for comment outside normal Australian office hours.

The Financial Review first reported news of KKR’s planned bid for Ramsay Health Care.

($1 = 1.3592 Australian dollars)

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04/19/2022

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