Kindred Healthcare to be bought by Humana, PE firms in $4.1 bln deal

Reuters

Tue, Dec 19, 2017, 8:26 AM

Dec 19 (Reuters) - Kindred Healthcare Inc said on Tuesday it will be bought by health insurer Humana Inc and two private equity firms in a deal valued at $4.1 billion.

The home healthcare provider and hospice operator said its shareholders will receive $9 per share in cash for each share they own, representing a 4.7 percent premium over the stock's Friday close.

TPG and Welsh, Carson, Anderson & Stowe are the private equity firms in the deal. (Reporting by Manas Mishra in Bengaluru; editing by Sai Sachin Ravikumar)

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Kindred Healthcare to be bought by Humana, PE firms in $4.1 bln deal

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