Assura Group Rejects KKR & Co. Inc. (KKR) Takeover Bid in Favor of Competitor $2.4 Billion Offer

KKR & Co. Inc. (NYSE:KKR) one of the best stocks in a Growth Stock Portfolio.

Recently, on June 24, 2025, Assura Group, based in the UK, rejected KKR & Co. Inc. (NYSE:KKR)’s final bid of $2.3 billion in favor of a competitive offer of $2.4 billion from Primary Health Properties (PHP). The decision materialized after months of competitive bidding, eventually leading to the Assura board’s decision to take up PHP’s offer, considering it more favorable for shareholders.

KKR & Co. Inc. (NYSE:KKR) was ultimately outbid, despite having previously secured a tentative agreement. This represents a significant setback for KKR in its efforts to acquire Assura.

This decision is a reflection of the company’s strategic ambition as well as industry competition. Regardless of the setback, analysts remain positive about KKR’s fundamentals, given 12 ‘Buy’ ratings and a consensus price target suggesting over 16% upside.

The company is focused on targeted acquisitions and growth-inducing investments as a private equity and real estate investment firm, leading to a strong position in a growth stock portfolio.

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