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SPI — Spire Healthcare News Story

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Refile: BUZZ-UK's Spire Healthcare jumps on agreeing to $1.39 billion takeover

REFILE-BUZZ-UK's Spire Healthcare jumps on agreeing to $1.39 billion takeover

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** Shares of Britain's private hospital operator Spire Healthcare SPI.L rises 3.2% to a one-year high of 245.5p

** Co agrees to a takeover by consortium comprising funds managed by Toscafund, Three Hills and Ares, valuing its share capital at about £1.03 billion ($1.39 billion)

** Under the deal, SPI shareholders will receive 250 pence-per-share in cash

** Separately, co says Justin Ash will retire as CEO with David Sloman assuming the role of Interim CEO

** YTD, stock up 46.9%

($1 = 0.7396 pounds)


(Reporting by Raechel Thankam Job in Bengaluru)

((RaechelThankam.Job@thomsonreuters.com))

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