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UK’s Assura rejects £1.5 billion bid from PHP

By Thomson Reuters Apr 9, 2025 | 1:21 AM

(Reuters) -British healthcare REIT Assura on Wednesday rejected the 1.5 billion pound ($1.9 billion) cash-and-stock takeover proposal from industry peer Primary Health Properties leaving a U.S. consortium as the remaining active bidder.

($1 = 0.7787 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Mrigank Dhaniwala)