Asia FX muted, dollar nurses losses as Trump tariffs take effect
LONDON - Sana Bidco Limited, a company owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. (KKR) and Stonepeak Partners LP, announced Tuesday the publication of its offer document for the acquisition of Assura plc.
The offer document, containing the full terms and conditions of the takeover offer, has been posted to Assura shareholders. The cash offer, described as "best and final," will remain open for acceptance until 1:00 p.m. London time on August 12, 2025, unless extended.
According to the announcement, the acquisition has received regulatory clearance in Ireland, satisfying all regulatory conditions required for the deal to proceed. The earliest date the takeover offer may be declared unconditional is July 4, 2025.
Shareholders who accept the offer by July 4 would receive payment by July 18, according to the document. Bidco has indicated that the financial terms of the offer are final and will not be increased except in "wholly exceptional circumstances" with consent from the Panel.
The company noted that any votes previously submitted under the earlier announced scheme will no longer be valid, and shareholders will need to take new action to accept the takeover offer as outlined in the offer document.
Assura shareholders holding shares in certificated form must complete and return a Form of Acceptance, while those holding shares in uncertificated form through CREST must make electronic acceptances.
A copy of the offer document and sample Form of Acceptance will be available on Bidco’s website, subject to restrictions for persons in certain jurisdictions.
The announcement was made based on a press release statement issued by Sana Bidco Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.