Peel Hunt is delighted to have acted as joint financial adviser and joint broker to Primary Health Properties on its £1.6bn recommended cash and shares combination with Assura.
This successful outcome followed a highly competitive and complex process against a US private equity bidder offering a cash exit.
Capel Irwin, Head of Real Estate - “It has been a pleasure to work with the PHP team on its transformational acquisition of Assura - a further example of listed consolidation in the UK REIT sector to create larger, specialist, listed vehicles supported by institutional investors. In each case, Peel Hunt's ability to draw together our deep expertise across Real Estate and M&A, alongside our broader Equities platform, has helped to deliver a compelling outcome for our clients, their shareholders and UK plc as a whole."
Peel Hunt team for Primary Health Properties: Capel Irwin, Michael Nicholson, Chloe Ponsonby, Sam Cann, Henry Nicholls, Flora McMicking, Alex Carroll, Jamar Iferenta
