ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

KKR-led group makes $14.8bn bid for Australia's Ramsay Health Care

Would mark country's biggest deal so far this year

A consortium led by private equity giant KKR is targeting Australia's largest private hospital operator, Ramsay Health Care.   © Reuters

(Reuters) -- Australia's largest private hospital operator Ramsay Health Care said on Wednesday it received an unsolicited 20.05 billion Australian dollar ($14.80 billion) indicative takeover offer from a consortium led by private equity giant KKR, sending Ramsay's shares 30% higher.

If successful, the takeover would rank as the biggest private equity-backed buyout of an Australian company, and would be the biggest deal in Australia this year, nearly doubling activity, according to Refinitiv data.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more