A KKR-led consortium has told Australia s Ramsay Health Care it will not improve its $14.5 billion cash-and-stock offer for the hospital operator, a move that will likely put a deal on ice.
Ramsay Health Care Ltd said on Friday a group led by private equity firm KKR & Co Inc has withdrawn a near $15 billion all-cash buyout offer, leaving on the table a cash-and-stock bid that the