by Scott Murdoch and Anshuman Daga
HONG KONG (Reuters) – U.S. private equity giant KKR is preparing a 20 billion Australian dollar (about 13.6 billion euros) takeover bid for private hospital and clinic operator Ramsay Health Care , we learned on Tuesday from two sources familiar with the matter.
KKR declined to comment and Ramsay Health Care did not immediately respond to a request for comment.
The offer could be announced as early as Wednesday, said the two sources, who requested anonymity.
KKR submitted an indicative offer which resulted in Ramsay opening her accounts for the past two weeks, they explained
Ramsay Health Care, which operates a network of some 532 healthcare establishments in ten countries, including 132 in France, according to its website, is valued at 14.8 billion Australian dollars at Tuesday’s closing price on the Sydney Stock Exchange.
Australian business daily Financial Review first reported interest from KKR on Tuesday.
(Reporting Scott Murdoch in Hong Kong and Anshuman Daga in Singapore;, French version Marc Angrand)
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