UK's Spire Healthcare falls after takeover bid deadline extension
Today 09:37
BUZZ-UK's Spire Healthcare falls after takeover bid deadline extension ** Shares of private hospital operator Spire Healthcare SPI.L down as much as 3.3% at 214.5 pence - biggest loser on FTSE-250 Midcap Index .FTMC
** Deadline for Toscafund Asset Management to make a formal takeover bid for Spire extended for second time to July 9 from June 25
** Toscafund tabled its 250 pence-per-share proposal on May 14, valuing the company at about £1 billion ($1.32 billion)
** YTD, the stock is down ~27%
($1 = £0.7583)
(Reporting by Neeshita Beura in Bengaluru)
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