LONDON (Reuters) – Spire Healthcare shares jumped almost 16% on Friday after the British private hospital group said it was exploring strategic options, including a potential sale of the company. Spire shares jumped to a one-year high, last up 15.7% and set for their biggest one-day rally since May 2021. The group – which operates […]
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Spire Healthcare shares surge nearly 16%, company mulls sale
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LONDON (Reuters) – Spire Healthcare shares jumped almost 16% on Friday after the British private hospital group said it was exploring strategic options, including a potential sale of the company.
Spire shares jumped to a one-year high, last up 15.7% and set for their biggest one-day rally since May 2021.
The group – which operates 38 hospitals and more than 50 clinics, medical centers and consulting rooms in the UK – said it was working with lead financial adviser Rothschild & Co.
The statement came after a Sky News report on Wednesday suggested some of Spire’s investors, including activist trust Achilles AIC.L, part of Harwood Capital Management, had encouraged it to consider a sale.
(Reporting by Joice Alves; Editing by Amanda Cooper)