Spire Healthcare's Potential £1B Takeover Bid

Spire Healthcares shares soared 45% to £219 after its board approved a potential £1 billion takeover bid from Toscafund, its second-largest shareholder. Toscafund, holding 22% of the company, proposed a non-binding cash offer of £250 per share, a 66% premium over Wednesdays close. The board unanimously recommends the deal to investors. Spire operates 38 hospitals and over 60 clinics, treating 1.4 million patients annually, with strong growth in private patient pay. Toscafund has until June 11, 2026, to make a firm offer or wait six months. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/379368256f05befa