A key shareholder in US Company, Tenet Healthcare Corp., one of the bidders for takeover target Healthscope Ltd., has stated of concerns at the Company's proposal, and says he believes that Tenet is expected to back down, according to media reports.

Bloomberg. com reports that Tenet representatives were astonished by the market's response to its bid for the hospital operator, with investors skeptical if the Company is prepared for investment outside of the US.

President of Oracle Investment Management Inc., Tenet’s fourth-largest holder, Larry N. Feinberg said that he would back down and believes that other will, as well.

Tenet, the second-largest publicly traded US hospital operator behind Community Health Systems Inc., has presented $5.80 for each Healthscope share, valuing the Company at $1.84 billion.

Healthscope owns 43 hospitals, representing 15% of Australia's private hospital marketplace, and is the nation's third-largest pathology trade.

Tenet has said an acquirement of Healthscope, if consummated, would only be finished at a price that shaped value for its shareholders.

Sources this week said that Private Equity Corporation, CVC Asia-Pacific is trying to talk out with Kohlberg Kravis Roberts & Co, regarding joining KKR's bid for Healthscope.

KKR's tender topped a preceding bid from a private equity group of Blackstone Group LP, TPG and Carlyle.