Logo

Henry Kravis’ KKR on Sunday was close to a deal to buy Envision Healthcare for about $5.5 billion, according to a report.

The $46 a share deal could be announced as soon as Monday.

The Post on June 4 was the first to report that KKR had made a final offer for the Tennessee company and had arranged financing equal to 7.25 times Envision’s earning before interest, taxes, interest and depreciation — a hefty sum.

The probable deal, with a value of about $10 billion including debt, would be the largest in the last several years, according to The Wall Street Journal, which reported the imminent transaction.

The $46 sale price represents a 5 percent premium over Friday’s close of $43.64 — but 56 percent over the stock price on Nov. 1, a day after it said it hired advisers and said it would explore its options.

At the time, the company was rocked by disappointing third- quarter results.

Two other bidding teams were also interested in Envision, including a partnership between Carlyle Group and TPG Capital, The Post reported earlier this month.

Envision supplies doctors to hospital emergency rooms.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy