The board of Assura has recommended the offer for the company from Primary Health Properties (PHP), switching from its previous recommendation for the KKR/Stonepeak bid. Under the terms of the increased PHP offer, Assura shareholders would receive 0.3865 new PHP shares and 12.5p in cash. In addition, Assura shareholders would receive a special dividend of … Continue reading PHP wins out in battle for Assura with £1.79bn bid