Mediclinic said to weigh £1.8 billion plus takeover bid for Spire Healthcare

Mediclinic is preparing to bid for Spire Healthcare, the FTSE 250 company that was formed from the sale of BUPA hospitals.

According to excellent sources, Mediclinic is working with bankers from Morgan Stanley on the potential purchase of the remainder of Spire that it doesn't own (remember last year Mediclinic bought 29.9pc of Spire Healthcare for 360p a share)...