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Spire Says Talks Terminated On St Saviour's Sale, To Close Site

28th Jul 2015 12:05

LONDON (Alliance News) - Spire Healthcare Group PLC on Tuesday said it has not reached an agreement to sell the St Saviour's Hospital it has earmarked for closure and will go ahead with shuttering the site.

At the end of June, Spire said it had received an approach for the hospital, but said no agreement has been reached and the talks have been terminated.

The FTSE 250 private healthcare provider said it will now go ahead with closing St Saviour's and will hold a consultation with employees.

It does not expect the closure to hit its 2015 guidance.

Shares in Spire were up 0.7% to 370.5 pence on Tuesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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