Spire Healthcare receives £1bn buyout proposal
Spire Healthcare has received a £1.01 billion buyout proposal from its second largest shareholder, sending shares in the private hospital operator surging. On May 14, London based investment firm Toscafund Asset Management, which already holds an 18 per cent stake in Spire, tabled a non-binding cash offer of 250 pence per share – a 66 per cent premium to the…
Dr Beri Ridgeway appointed President of Cleveland Clinic London
Cleveland Clinic has appointed Dr Beri Ridgeway as President of Cleveland Clinic London, effective June 1, 2026. Dr Ridgeway currently serves as the organisation’s Executive Vice President and Enterprise Chief of Staff, where she oversees approximately 10,000 physicians, scientists, and researchers. Her background includes nearly two decades at the Cleveland Clinic, having previously served as the Associate Chief of Staff…
Ramsay Santé separating from Ramsay Health Care
Ramsay Santé, the European subsidiary of Australia’s largest private hospital group Ramsay Health Care, is to separate from its parent group. Ramsay Health Care announced plans for a formal separation on February 20. The proposal involves an in-specie distribution of Ramsay’s 52.79% shareholding in Ramsay Santé directly to its existing shareholders. Under this arrangement, shareholders would receive shares in the…
Spire Healthcare extends takeover deadline with PE suitors
The UK Panel on Takeovers and Mergers has granted an extension to the “put-up-or-shut-up” deadline for ongoing discussions between Spire Healthcare, Bridgepoint Advisers and Triton Investment Advisers. According to an announcement from independent UK private healthcare provider Spire on February 18, the deadline has been moved to March 21, 2026, providing the suitors additional time to finalise their due diligence…
Mediclinic reshapes the regional interests of Remgro and MSC
Mediclinic International’s ownership structure looks set to undergo a strategic realignment following an in-principle, non-binding agreement between Remgro Ltd and MSC (Mediterranean Shipping Company) to separate core geographic operations as of December 2025. Ownership Realignment Plan The separation aims to enhance operational agility and strategic focus in each party’s home markets. MSC’s deep understanding of Switzerland’s regulatory environment and market…
Nuffield ceases St Barts services and hands back lease
Nuffield Health has relinquished its lease on two buildings at St Bartholomew’s Hospital in London only three years after opening the £70 million private facility in May 2022. The space, comprising three theatres, in-patient beds and consulting rooms, will revert to Barts Health NHS Trust to create a £16.6 million breast-cancer “centre of excellence”, funded by Barts Charity, from 2026. The arrangement…
Narayana Health moves into UK market with PPG acquisition
India-based healthcare provider Narayana Health’s £183 million acquisition of UK-based Practice Plus Group (PPG) Hospitals Limited marks a transformative entry into Europe’s largest healthcare market.
Bupa creates tri-hospital hub with King Edward VII’s Hospital acquisition
Bupa is acquiring King Edward VII’s Hospital, a high-profile private facility in London’s Harley Street district, marking a strategic expansion of its secondary care footprint in the UK capital. The deal, expected to close by end-2025, adds the hospital’s 56 beds, three operating theatres, diagnostic clinic, and specialized outpatient facility – launched in 2022 – to Bupa’s growing network.…
IHH given green light on Fortis bid after seven-year regulatory delay
India’s Securities and Exchange Board (SEBI) has removed a seven-year regulatory overhang by allowing Malaysia-based IHH Healthcare Berhad to resume its long-awaited mandatory tender offers for Fortis Healthcare Ltd. and Fortis Malar Hospitals Ltd. The clearance, granted on October 1, enables IHH’s subsidiary Northern TK Venture Pte. Ltd. to acquire up to 26% in each company, potentially lifting its Fortis stake beyond the…