Hedge fund proposes £1bn buyout of UK’s biggest private hospital operator

Shares in Spire Healthcare jump after approach from Toscafund, founded by City figure known as ‘the Rottweiler’ Business live – latest updates The board of Britain’s largest private hospital operator has backed a buyout proposal worth £1bn from its second-biggest shareholder, a hedge fund manager known as “the Rottweiler”, sending its shares soaring by nearly 50%. Spire Healthcare, which owns the Claremont hospital in Sheffield and St Anthony’s hospital in south London, said it had received...

By Julia Kollewe