Australia’s Ramsay Health Care Ltd said on Thursday it received a “meaningfully inferior” alternate proposal from a group led by KKR & Co that would allow it to retain a 37% stake in its Paris-based unit Ramsay Generale De Sante.
Ramsay currently owns over 52% shares in the Paris-based Ramsay Generale De Sante (Ramsay Sante). If accepted, the alternate offer would give the consortium a 15% stake in the hospital operator, while Ramsay shareholders would retain the balance.
