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KKR plans A$20 billion bid for Australia’s Ramsay Health Care, sources say -Breaking

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© Reuters. FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

HONG KONG/SINGAPORE – Two sources close to the situation told Reuters that KKR has been preparing a bid of A$20 billion (roughly $14.7 billion) for Ramsay Health Care in Australia.

KKR refused to comment, while Ramsay Health Care didn’t immediately reply to a request to comment after normal Australian business hours.

Financial Review was the first to report on KKR’s bid for Ramsay Health Care.

($1 = 1.3592 Australian dollars)

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