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Home > Finance > UK's Takeover Panel extends deadline for firm offer for Assura to April

Finance

UK's Takeover Panel extends deadline for firm offer for Assura to April

Published by Global Banking and Finance Review

Posted on March 14, 2025

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(Reuters) - Assura on Friday said Britain's Takeover Panel has extended the deadline for U.S. private equity group KKR and Stonepeak Partners to announce a firm offer to acquire the British healthcare real estate investment trust to April 11.

The deadline, originally scheduled on Friday for KKR and Stonepeak Partners to make a firm offer or walk away, was extended to provide additional time for the consortium to progress its due diligence, the company said.

(Reporting by Shanima A in Bengaluru; Editing by Maju Samuel)

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