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Spire Healthcare agrees £1.03 billion takeover by Toscafund consortium

Spire Healthcare Group said it agreed to be taken over by a consortium comprising funds managed by Toscafund, Three Hills and Ares, valuing its share capital at about £1,026 million ($1.39 billion).

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Spire Healthcare Group said on Saturday it had agreed to be taken over by consortium comprising funds managed by Toscafund, Three Hills and Ares, valuing its share capital at about £1,026 million ($1.39 billion).The deal was agreed shortly before a deadline expired.($1 = 0.7396 pounds)