Deals
KKR Will Buy Envision Healthcare for $5.57 Billion Plus Debt
- Deal culminates months of review after Starboard took stake
- Envision drew interest from UnitedHealth, other PE managers
This article is for subscribers only.
Private equity firm KKR & Co. will buy Envision Healthcare Corp. for $5.57 billion plus debt, after a lengthy sale process by the hospital staffing and surgical center company.
Including debt, the all-cash purchase will value Envision at $9.9 billion, the health-care company said in a statement Monday. Envision said the $46-a-share price represents a 32 percent premium to its stock price in November, when it announced it was reviewing strategic alternatives.