March 10 (Reuters) - British healthcare real estate
investment trust Assura on Monday said it will likely
consider a 1.61 billion pounds ($2.08 billion) offer from KKR
and Stonepeak Partners, after rejecting four previous
offers from another KKR-led consortium.
In February, KKR and pension fund Universities
Superannuation Scheme (USS) said they had made four indicative,
non-binding proposals to Assura, the last of which was at 48
pence per share, which was rejected by the British company's
board.
Monday's offer of 49.4 pence per share from KKR and
investment firm Stonepeak is at a 31.9% premium to the closing
share price on February 13 when the previous offer was made and
is at a 21.3% premium to Friday's close.
About the latest offer made by KKR and Stonepeak, Assura
said the board has decided to engage in discussions with the
consortium and to allow it to complete a limited period of
confirmatory due diligence.
In February, when Assura rejected the offer from KKR and
USS, a source familiar with the situation had told Reuters that
any future attempt would likely be an independent one as USS
backed out.
($1 = 0.7742 pounds)
($1 = 0.7747 pounds)
(Reporting by Chandini Monnappa in Bengaluru; Editing by Janane
Venkatraman and Mrigank Dhaniwala)