Market welcomes Mediclinic’s exit from the UK

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Market welcomes Mediclinic’s exit from the UK 🔒

Shares in SA’s biggest private hospital group, Mediclinic International, rose to a six-month high on Wednesday after it announced it would sell its stake in UK peer Spire Healthcare Group for £287.8m .

With a 29.9% holding, Mediclinic is the biggest shareholder in Spire, which is the subject of a £1bn buyout offer from Australia’s Ramsay Health Care...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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