(Reuters) – Australia’s Ramsay Health Care and a consortium led by KKR & Co will cease discussions on a non-binding buyout proposal, the hospital operator said on Monday.
The consortium had said earlier this month it will not improve its $14.5 billion cash-and-stock offer for Ramsay.
(Reporting by Harish Sridharan in Bengaluru; editing by Diane Craft)
