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The revised terms include the potential acceleration of Assura's third-quarter dividend without a corresponding reduction in the value of the PHP offer. PHP also lowered the acceptance condition for ...
Alternative trusts like infrastructure and real estate funds are trading at huge discounts. Investors should take advantage, ...
In May, PHP raised its takeover bid for the company after the board turned down its offer, which valued it at 1.68 billion pounds ($2.28 billion). At the time, the company said it was offering 0.3769 ...
The on-off takeover of Altrincham healthcare property group Assura took another twist today, following an improved offer from ...
Primary Health Properties offered £1.68billion to buy Assura but it argued that its cash and stock bid is now worth more.
Primary Health Properties PLC will ask its shareholders to vote on its takeover offer for peer Assura PLC, though Assura has backed a rival bid. On Friday, the London-based healthcare facility ...
UK healthcare property investor Primary Health Properties has urged rival Assura to back its takeover bid over an offer from ...
Shares in oil giants BP (BP.) and Shell (SHEL) surged this morning as Brent crude oil jumped 7 per cent to $74 a barrel. The spike followed news of an overnight Israeli strike on Iran, fuelling fears ...
The IDF said the attack was in response to the Iranian regime's ongoing aggression against Israel. Dozens of jets struck military targets in various locations of Iran in a first stage, the IDF said.
British healthcare real estate investor Primary Health Properties (PHP) on Friday urged rival Assura to back its bid over a takeover offer from KKR and Stonepeak .
PHP has attacked KKR's offer for Assura in the lastest twist in the battle for the real estate investment trust.
The healthcare property investor said it had agreed on a recommended final offer under which shareholders would get 52.1 ...