Ramsay Health Care Receives $20b takeover bid from US private equity firm
- Australia’s largest private hospital operator, Ramsay Health Care (RHC), receives a takeover bid from US private equity giant KKR valuing Ramsay at over $20 billion
- Under the offer, a consortium of investors led by KKR would fork out $88 per Ramsay share for full control of the ASX-listed company
- Ramsay says the takeover talks are still preliminary and, as such, shareholders do not need to take any action just yet
- RHC has been listed on the ASX for 25 years and has grown into a network of 532 facilities across Australia, the UK, Europe, and Asia
- Shares in Ramsay Health Care have spiked 24.2 per cent to $80 today following the offer from KKR
