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KKR to take Envision private for $5.57 billion in healthcare push


(Reuters) - KKR & Co said on Monday it will take U.S. physician services provider Envision Healthcare Corp private in a deal valued at $5.57 billion, its latest acquisition in the healthcare sector.The private equity firm saw off competition from peers Carlyle Group, TPG Global and others as it sealed the deal for $46 per share - a premium of 5.4 percent to Envision's last close on Friday.Envision's shares were up 2.4 percent at $44.7 in premarket trading. Including debt, the deal is valued at $9.9 billion.KKR already owns Envision's AMR, the largest U.S. provider of ambulance services, which ...

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First Published: Mon, June 11 2018. 20:52 IST