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Home > Finance > UK's Assura's chairman steps down amid PHP takeover

Finance

UK's Assura's chairman steps down amid PHP takeover

Published by Global Banking and Finance Review

Posted on August 19, 2025

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(Reuters) -British healthcare real estate investor Assura said on Tuesday Ed Smith has stepped down as chairman of the board after seven years in the role and would be replaced by senior non-executive director Jonathan Davies.

Smith's departure comes just a week after Primary Health Properties won a heated $2.4 billion takeover battle for Assura.

Davies currently serves as the deputy CEO of restaurants operator SSP Group.

(Reporting by Raechel Thankam Job in Bengaluru)

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