1st Nov 2019 09:21
(Alliance News) - Hospital group Spire Healthcare Group PLC on Friday said it has sold two sites to Genesis Cancer Care UK Ltd for GBP12.0 million as part of a partnership with the private care services provider.
Hampshire-based Genesis has acquired Spire's Baddow Specialist Care Centre in Chelmsford, Essex, and the Bristol Cancer Centre in southwest England. Spire said it will retain a 50% share of chemotherapy gross profits from the Bristol site, however.
Spire said: "The sale of the two sites completes the first step of the new partnership between Spire Healthcare and GenesisCare to create a national end-to-end private cancer care pathway."
Spire shares were 1.6% higher at 118.70 pence each in London on Friday morning.
By Eric Cunha; [email protected]
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