Middle East funds among investors in the KKR-led consortium for Ramsay

Qatar Investment Authority (QIA) and Abu Dhabi Investment Authority (ADIA) are the largest co-investors in KKR’s $14.7 billion bid for global Australia-based hospital operator Ramsay Health Care, The Australian Financial Review reports

AFR says the Middle East investors have made larger equity commitments than the third-largest co-investor, Health Employees Superannuation Trust Australia (HESTA), an Australian super fund dedicated to health and community services.

KKR has further lined up several smaller co-investors for the deal, according to the report.

KKR has been targeting Ramsay for the last year.

Ramsay’s shares are sitting at A$81.55 at the time of writing.

Date published: April 28, 2022

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