Spire Healthcare takeover: Tulip UK Bidco to pay 250p per share
Spire Healthcare agreed to be acquired. Tulip UK Bidco will pay 250p per share in cash, valuing the offer at a 66.2% premium to Spire’s 13 May closing price.
2% premium to the closing share price on 13 May, the last business day before the possible offer announcement. Spire chief executive Justin Ash will retire, with non-executive director and vice chairman Alistair Lyons expected to become chair of the company.