UK’s Assura gets preliminary approach from KKR, pension fund

(Reuters) – British healthcare real estate investment trust Assura said on Friday it had received a preliminary approach from KKR and UK-based pension fund Universities Superannuation Scheme.

U.S. private equity fund KKR and Universities Superannuation Scheme, which offers principal pension scheme provided by educational institutions for their employees, have until March 14 to make a firm offer or walk away.

“Board is currently reviewing the proposal with its advisers” Assura said.

(Reporting by Prerna Bedi in Bengaluru; Editing by Maju Samuel)