Ramsay Health's shares fall after KKR-led group withdraws $13b buyout offer

Ramsay Health's shares fall after KKR-led group withdraws $13b buyout offer

REUTERS/Brendan McDermid

A KKR & Co Inc-led group has withdrawn a A$20 billion ($13 billion) bid for Australian hospital operator Ramsay Health Care after talks hit a stalemate, killing Australia’s biggest deal of the year and sending the target’s shares tumbling.

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