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SPI — Spire Healthcare News Story

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Spire Healthcare jumps as takeover deadline extends

BUZZ-Spire Healthcare jumps as takeover deadline extends

- ** Shares of Britain's private hospital operator Spire Healthcare SPI.L up 2.4% at 216.5 pence

** Deadline for Toscafund Asset Management to make a formal takeover bid for Spire extended for third time to August 6 from July 9

** Toscafund tabled its 250 pence-per-share proposal on May 14, valuing the company at about £1 billion ($1.34 billion)

** Five analysts covering the stock rate it "buy" or better; median PT is 260p - data compiled by LSEG

** YTD, the stock is up ~30%

($1 = 0.7457 pounds)


(Reporting by Amna Mariyam in Bengaluru)

((amna.mariyam@thomsonreuters.com))

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