Kinderhook to take Enhabit private in $1.1bn deal

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Kinderhook to take Enhabit private in $1.1bn deal

privateequitywire

4 months ago

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US private equity firm Kinderhook Industries has agreed to acquire home-health services provider Enhabit in a transaction valuing the business at about $1.1bn, according to a report by Reuters.
Under the terms of the deal, Enhabit shareholders will receive $13.80 per share in cash, representing a premium of around 24% to its last closing price. The offer implies a valuation of roughly 10x Enhabit’s expected 2026 earnings, below listed peers including Addus HomeCare and Chemed, an analyst at Oppe...

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