14th Apr 2015 06:57
LONDON (Alliance News) - Private equity firm Cinven on Tuesday completed the sale of a 10% stake in FTSE 250-listed healthcare provider Spire Healthcare Group PLC, raising a total of GBP136.4 million.
Cinven sold 40.1 million shares in Spire at 340 pence per share, with JPMorgan Cazenove handling the disposal. Spire shares closed at 367.1 pence on Monday.
Following the deal, Cinven holds 153.8 million shares in Spire, representing a 38.3% stake.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Spire Healthcare