Ramsay makes £1bn cash offer for UK Spire Healthcare Group

Ramsay Health Care has agreed with the Spire Healthcare Group board terms of a recommended all cash offer of 240 pence per share. The transaction values Spire at approximately £1.0bn (US$1.41bn), a premium of around 24.4% to Spire’s closing share price on May 25 and a premium of 47.6% to the 180-day VWAP. The Spire…