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Ramsay splashes $1.8b on UK’s Spire Healthcare

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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Ramsay Health Care has agreed to buy listed British company Spire Healthcare Group in a deal that values the target at £2.064 billion ($3.7 billion) including assumed debts.

The acquisition will transform the Australian healthcare giant’s UK business into a leading private healthcare provider, diversifying Ramsay UK’s payer sources and case mix at the same time.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/ramsay-splashes-1-8b-on-uk-s-spire-healthcare-20210526-p57veh