Books covered on Spire's London initial public offering - sources

Spiritus Mundi

15/07/2014 17:59

LONDON, July 15 (Reuters) - Books are covered on hospital 
owner Spire Healthcare's  IPO-SPIR.L  London initial public 
offering, two sources familiar with the matter said on Tuesday, 
as the company seeks to raise gross proceeds of 315 million 
pounds ($540 million) from the sale of new shares.  
    Last week Spire, which is owned by private equity firm 
Cinven  CINV.UL , set the price range for the deal at 210-300 
pence per share, with the company being valued at 955 million 
pounds at the midpoint of that range. Final pricing is expected 
on or around July 18.  
($1 = 0.5834 British Pounds) 
 
 (Reporting By Freya Berry; editing by Clare Hutchison) 
 ((freya.berry@thomsonreuters.com; +44207 5420214; Reuters 
Messaging: freya.berry.thomsonreuters.com@reuters.net)) 
 
Keywords: SPIRE HEALTHCARE IPO