KKR-led group walks away from $15b all-cash offer for Australia's Ramsay Health Care

KKR-led group walks away from $15b all-cash offer for Australia's Ramsay Health Care

Photo: Reuters

Ramsay Health Care Ltd said on Friday a group led by private equity giant KKR & Co pulled the plug on a near $15 billion all-cash buyout offer for the Australian hospital operator, but a cash and stock bid remains on the table.

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