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Spire Healthcare accepts improved £1bn takeover offer from Australian rival

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Deal with Ramsay Health Care for 250p-a-share will create UK’s largest private hospital group

Spire Healthcare has accepted an improved takeover offer from an Australian rival, valuing the UK private hospital business at more than £1bn.

The board of Spire said shareholders should accept the 250p-a-share cash deal, which will create the UK’s largest private hospital group, after “extensive negotiations” between the two companies.

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