Kinderhook agrees to acquire Enhabit for $1.1 billion, causing the stock price to soar 23%

Investing.com – Home healthcare provider Enhabit Inc (NYSE:EHAB) stock surged 22.5% to $13.58 in pre-market trading on Monday after the company announced it would be acquired privately by Kinderhook Industries.

Under the agreement, private equity firm Kinderhook Industries will acquire Enhabit in a deal valued at approximately $1.1 billion. Shareholders will receive $13.80 in cash per share, representing a premium of about 24% over the company’s closing price on Friday.

The transaction is expected to close in the second quarter of 2026.

Before the announcement on Monday, Enhabit’s stock had risen 36.2% over the past 12 months.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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