KKR nixes CVC partnership on Healthscope
Kohlberg Kravis Roberts & Co. has said that CVC Capital Partners will not be participating in a bid for Australia's Healthscope, estimated at potentially up to A$1.84 billion ($1.56 billion), with KKR continuing on the bid by itself.
US healthcare group Tenet Healthcare Corp. has also withdrawn from the process, leaving the Blackstone Group and a consortium of the Carlyle Group and TPG Capital as KKR's main rivals in the bid. CVC is...
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