Private Hospitals Group in Early Talks over £1bn Takeover
The board said the 250p-a-share offer could be recommended to shareholders as Toscafund’s due diligence continues.
- On Thursday, Spire Healthcare announced early-stage discussions with Toscafund Asset Management regarding a potential 250p-per-share cash bid, valuing the hospitals group at £1.01 billion.
- Shares in the FTSE-listed company surged 45% on Thursday to nearly 220p, while Toscafund already owns 18% of Spire and largest shareholder Mediclinic holds nearly 30%.
- Spire operates 38 hospitals and more than 60 clinics across England, Wales, and Scotland, while providing workplace health services to more than 1,400 employers.
- The board concluded the offer is at a value it would be minded to recommend unanimously to Spire Healthcare shareholders, as Toscafund undertakes confirmatory due diligence.
- Peel Hunt expert Miles Dixon noted Spire has faced lengthy bid speculation and said he would "not be surprised to see this deal go through.
12 Articles
12 Articles
Evening Standard
Spire Healthcare in talks over £1 billion takeover approach
The firm runs 38 private hospitals and more than 60 clinics across England, Wales and Scotland.
Spire Healthcare shares rocket after £1bn bid approach
Shares in Spire Healthcare shot to the top of the FTSE 250 on Wednesday, after the firm’s board signalled it would back a £1bn bid approach for the company from its second-biggest existing investor. Private equity outfit Toscafund said it would offer 250p per share, a hefty 66 per cent premium from Wednesday’s closing price of 150.4p. It was enough to secure approval from the board after previous offers fell short. The stock rocketed toward the …
Spire Healthcare shares surge on 250p per share takeover offer
Spire Healthcare shares leapt higher on Thursday after confirming it is in advanced discussions over a possible 250p per share cash offer from Toscafund Asset Management, representing a significant premium to the private hospital group’s closing price yesterday. But the offer isn’t too different from the share price Spire was trading at before they announced […] The post Spire Healthcare shares surge on 250p per share takeover offer appeared fir…
Spire Healthcare confirms FY26 outlook after in-line trading
Ahead of its Annual General Meeting later today, Spire Healthcare Group plc (LON:SPI), a leading independent healthcare group in the UK, has provided an update on trading for the period 1 January 2026 to 30 April 2026 and reconfirms FY26 outlook. FY26 trading update to April1 and full-year outlook Trading in the first four months of the year to April 2026 has been in line with our expectations. Private patient revenue has continued to grow stron…
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