REIT Takeover Negotiations

Assura, a UK healthcare real estate investment trust, has tentatively accepted an improved takeover offer from KKR and Stonepeak Partners valued at £1.61 billion. The offer, which is 49.4 pence per share, represents a 32% premium to Assura's share price before KKR's interest became public. Assura's board has indicated that it is inclined to recommend the offer to shareholders if a firm bid is made on these terms.