Primary Health Properties plc R.E.I.T ( ($GB:PHP) ) just unveiled an announcement. Primary Health Properties PLC announced the vesting of shares ...

A local health plan with more than 52,000 members and a more than 40-year history is being acquired by a Michigan-based company.

Primary Health Properties plc R.E.I.T ( ($GB:PHP) ) has issued an announcement. Primary Health Properties PLC announced a share exchange ...

British healthcare real estate investor Primary Health Properties (PHP) on Friday urged rival Assura to back its bid over a takeover offer from KKR and Stonepeak .

Assura said it was urging its shareholders to vote in favour of PHP's $2.4 billion acquisition offer over the KKR-led bid with Stonepeak Partners.

PHP's cash-and-stock bid secured 62.93 percent of shareholder support, significantly more than the 16.56 percent for KKR's offer, despite KKR's 10-month pursuit and initial board backing.