Shares in UK-based healthcare real-estate investor Assura jumped more than 5% in early trade on the JSE on Monday, after the group recommended rival Primary Health Properties’ new offer, which values the group at about £1.79bn.

At 9.40am on the JSE Assura's share price was up 5% at R12.30. At the same time, PHP's share price was 4.6% lower at R24.80...

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