(Reuters) – Assura on Friday said Britain’s Takeover Panel has extended the deadline for U.S. private equity group KKR and Stonepeak Partners to announce a firm offer to acquire the British healthcare real estate investment trust to April 11.
The deadline, originally scheduled on Friday for KKR and Stonepeak Partners to make a firm offer or walk away, was extended to provide additional time for the consortium to progress its due diligence, the company said.
(Reporting by Shanima A in Bengaluru; Editing by Maju Samuel)