RHC 0.46% $41.20 ramsay health care limited

from MF 18th Sept.Refreshed takeover talks?The buzz around a...

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    from MF 18th Sept.

    Refreshed takeover talks?

    The buzz around a potential Ramsay Health Care acquisition has intensified. According to The Australian, speculation is mounting that KKR is gathering a management team to take over the business.KKR has a history with the ASX healthcare stock, having previously tabled a takeover bid.

    The firm was ready to offer $88 per share, but the deal fell through.With Ramsay's share price less than half that value, the thinking is KKR might view this as an attractive entry point.Adding fuel to the fire is the ASX healthcare stock's significant real estate portfolio, worth over $4 billion. This includes around 70 hospitals and day surgery units.

    Wesfarmers Ltd (ASX: WES) is another name reportedly floating around the acquisition sphere.Whilst the rumours are circulating about a takeover, for now, they are just that – rumours. Time will tell if they turn out to be fact or not.
 
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