Spire Healthcare rejects takeover bid

Spire Healthcare has rejected a bid which values the business at £1.2bn. Spire is Britain's largest private hospital chain. Mediclinic, a South African healthcare provider already holds a 29.9% shareholding in Spire, made the offer last week which was rejected by Spire, the offer being described by chief executive Danie Meintjes as 'significantly undervaluing Spire [...]