Oasis bidder increases offer

The takeover battle for the UK’s biggest dentistry group intensified today after a private equity firm increased its offer for the group.

Oasis bidder increases offer
Thu, 05 Jul, 2007 - 08:55

The takeover battle for the UK’s biggest dentistry group intensified today after a private equity firm increased its offer for the group.

Duke Street Capital upped its bid price to 94p a share, valuing Oasis Healthcare at around £88.2m (€103.5m) and topping the £85 million approach from Associated Dental Practices (ADP) recommended by Oasis last month.

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CourtsBusinessHeathrowPlace: UKPlace: NorwichOrganisation: OasisOrganisation: Duke Street CapitalOrganisation: Oasis HealthcareOrganisation: Associated Dental PracticesOrganisation: ADP
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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