Page 2 - Michael Siddle News Today

An effort to prepare for winter and keep people warm amid high energy prices has united organisations in a County Durham community.

After the better part of two years stalking the private hospital operator, KKR & Co is still empty-handed. Ramsay needs to now focus on its business.

Private equity’s reputation for taking a long-term investment view took a dent with the dumping of KKR’s $20 billion bid for Ramsay Health Care.

Target and suitor stood at a stalemate for months after the private equity-led consortium was unable to get due diligence to the French assets, and was unwilling to lift its cash price.

The takeover target is still willing to engage on the cash offer of $88 per share but it has axed an alternate plan which would see its shareholders own an ongoing stake in French hospital operator Ramsay Sante.

There’s movement at $30 billion takeover target Ramsay Health Care.

Ramsay Health Care became an obvious takeover target when it went ex-growth in 2018 following a decade of expansion by merger and acquisitions.

KKR’s been looking at Ramsay for at least six months and there’s no clear barriers that would stop a formal bid emerging.

Reviews from 2018-19 find Liberal party misidentified multiple donors while Queensland Labor mislabelled $1m in donations as ‘other receipt’

Gretel Packer, 55, is set to add to her impressive fortune after selling the family office headquarters in Sydneys Hudson House for $13.5 million.