Betaville

Cinven buys back into Spire Healthcare...sort of

Ping! An email arrives from a friendly market observer who has picked on the fact that Simon Rowlands, a senior advisor to private equity firm Cinven, has been buying shares in takeover target Spire Healthcare. I have pasted the link to today's RNS announcement below, which shows Rowlands paid around 218p a share for 114,000 shares:..

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Mediclinic said to weigh £1.8 billion plus takeover bid for Spire Healthcare - part 3

Well, that took a while - a year, in fact. Readers might recall that Betaville first raised the prospect of Mediclinic instructing bankers at Morgan Stanley to look at buying the remainder of Spire Healthcare that it didn't own around about this time last year (see below)...

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Mediclinic said to weigh £1.8 billion plus takeover bid for Spire Healthcare - part 2

I note Bloomberg earlier this week published a tale about Mediclinic taking a look at Amana Healthcare, a private medical-care provider in the United Arab Emirates. According to the newswire service, Amana has hired Bank of America Merrill Lynch to explore a sale that may value the company at $400 million...

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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)...

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