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The Independent UK

Business

Anna Wise

Major UK private hospital firm Spire taken over by hedge fund in £1 billion deal

Spire Spire Healthcare

Spire is a healthcare group operating 38 hospitals and around 55 clinics in England, Wales and Scotland - (PA Media)

Private hospital operator Spire Healthcare has accepted a £1 billion takeover bid from a consortium of investment firms.

The acquisition is being made through Tulip UK, a newly created vehicle backed by funds advised or managed by Toscafund Asset Management, THCP Advisory, and Ares Management.

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