Ramsay Health Care stays with $1b bid for Capio

Company News

by Rachael Jones

Ramsay Health Care's (ASX:RHC) French subsidary Ramsay Générale de Santé has lodged the offer for 100 per cent of shares in Swedish Healthcare group Capio AB.

They are offering $7.30 cash offer.

The original offer was first mooted on 13 July 2018.

Large French private clinic group Vivalto Sante have put in a rival offer for just Capio's French hospitals business, but Ramsay say this is a better offer.

Shares in Ramsay Health Care's (ASX:RHC) is 0.58 per cent lower to $54.58.
   

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.