KKR (KKR) and Stonepeak Partners' deadline for a firm offer to acquire UK-based real estate investment trust Assura was extended to April 11, Assura said Friday.
Assura said the takeover panel had approved its board's request to extend the March 14 deadline to give KKR and Stonepeak additional time to conduct its due diligence.
The company said it received a non-binding proposal from KKR and Stonepeak earlier this week for a possible all-cash offer. There is no assurance that a firm offer would be made, Assura said.
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