The private equity-backed consortium attempting to acquire Assura has issued a sharp rebuttal of a new shares and cash offer from Primary Health Properties (PHP), warning that the proposed £1.68bn merger would create a highly leveraged, capital-constrained business with limited room for growth. In a statement on 19 May, Sana Bidco – a newly formed…
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, warning that the proposed £1.68bn merger would create a highly leveraged, capital-constrained business with limited room for growth.){kind=link}