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Evening Standard

Anna Wise

Spire Healthcare agrees to be taken private in £1bn takeover deal

Spire Spire Healthcare

Private hospitals chain Spire Healthcare has agreed to be bought by a group of investment firms (Jacob King/PA) - (PA Archive)

Private hospitals chain Spire Healthcare has agreed to be bought by a group of investment firms in a deal worth £1 billion.

The takeover offer comes from a newly-formed company, named Tulip UK, comprised of funds managed or advised by Toscafund Asset Management, THCP Advisory and Ares Management.

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