Ramsay Health Care’s offer to buy pan-European healthcare company Capio AB for around €788m (US$899m) has been accepted by 96% of Capio shareholders.
The offer, of SEK 58 cash per share for all shares in the Nasdaq Stockholm listed company, was made through Ramsay’s French subsidiary Ramsay Generale de Sante (RGdS) and is now unconditional. RGdS said all conditions for the completion of the deal had been made, including unconditional clearance from the French Competition Authority.
Ramsay chief executive and RGdS chairman Craig McNally said: ‘Capio has a number of high performing businesses and is a market leader in the Nordics where it operates hospitals, specialist clinics and primary care units. It has a solid portfolio in France, particularly in Lyon and Toulouse, which will enhance RGdS’s cluster strategy.