Becker's Healthcare July 19, 2024
Private equity firms TowerBrook Capital Partners and Clayton, Dubilier & Rice are mulling a rival bid to take over R1 RCM, Bloomberg reported July 18.
Any bid would compete against a $13.25-per-share proposal made by R1’s largest investor, New Mountain Capital, according to the report.
New Mountain and TCP-ASC — an investment vehicle jointly owned by TowerBrook and Ascension Health Alliance — previously discussed a joint proposal to take R1 private but were unable...
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