South African provider takes major stake in Spire

South African hospital group Mediclinic has joined the ranks of overseas investors entering the UK private hospital market after agreeing to acquire a 29.9% stake in Spire Healthcare for £432m.Facilitated by its major shareholder Remgro, Mediclinic said it would pay 360p per share – above the previous closing price of 320p. Under the deal, Mediclinic…