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