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flag US firm KKR outbids PHP for UK's Assura, raising stakes in NHS building takeover.

flag The bidding war for Assura, which owns over 600 NHS buildings, has intensified. flag US firm KKR is urging Assura to switch its backing from rival PHP, whose £1.79 billion offer won board support in June. flag KKR claims its £1.7 billion offer is now more attractive due to recent declines in share prices. flag The UK's Competition and Markets Authority has also served an enforcement order to block PHP from fully integrating Assura while the deal is investigated.

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