Previous Close | 46.03 |
Open | 46.03 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 46.03 - 46.03 |
52 Week Range | |
Volume | |
Avg. Volume | 171 |
Market Cap | 10.534B |
Beta (5Y Monthly) | 0.56 |
PE Ratio (TTM) | 51.71 |
EPS (TTM) | 0.89 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.64 (1.40%) |
Ex-Dividend Date | Mar 06, 2023 |
1y Target Est | N/A |
A KKR & Co Inc led group has withdrawn a A$20 billion ($13 billion) bid for Australian hospital operator Ramsay Health Care after talks hit a stalemate, killing Australia's biggest deal of the year and sending the target's shares tumbling. The would-be buyers had proposed paying A$88 per share in cash for the company in April, but cut the cash component in August after Ramsay reported a worse than expected 39% slump in annual profit, blaming COVID-19-related staffing problems. Then last month Ramsay said the KKR-led group had notified it that it would not improve on what Ramsay considered a "meaningfully inferior" offer, due to the target company's weak business performance.
(Reuters) -A KKR & Co Inc led group has withdrawn a A$20 billion ($13 billion) bid for Australian hospital operator Ramsay Health Care after talks hit a stalemate, killing Australia's biggest deal of the year and sending the target's shares tumbling. The would-be buyers had proposed paying A$88 per share in cash for the company in April, but cut the cash component in August after Ramsay reported a worse than expected 39% slump in annual profit, blaming COVID-19-related staffing problems. Then last month Ramsay said the KKR-led group had notified it that it would not improve on what Ramsay considered a "meaningfully inferior" offer, due to the target company's weak business performance.