KKR Reportedly Nears Deal To Buy Envision Healthcare For $5.5 Bln

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(RTTNews.com) - KKR & Co. (KKR) is nearing a deal to buy Envision Healthcare Corp. (EVHC) for $46 a share, or about $5.5 billion, the Wall Street Journal reported, citing people familiar with the matter.

Including debt, the deal would be worth about $10 billion. The $46 a share price would be 5.4 percent higher than Friday's close.

Envision, a Nashville, Tennessee-based provider of physician services to hospitals and other health-care facilities, earlier had announced a strategic review of its business, and has been conducting an auction.

The companies are likely to announce a deal on Monday.

Read the original article on RTTNews (http://www.rttnews.com/2903470/kkr-reportedly-nears-deal-to-buy-envision-healthcare-for-5-5-bln.aspx)

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This article appears in: World Markets , Stocks
Referenced Symbols: EVH ,

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