Ramsay healthcare (ASX:RHC) has announced that its public offer for healthcare services company, Capio has been accepted by 96 per cent of shareholders and, as such, the offer is now unconditional.
The total value for the offer, made via Ramsay's French subsidiary Ramsay Generale de Sante (RGds) is about €788 million.
All conditions for the completion of the offer have been satisfied with unconditional clearance also received from the French Competition Authority.
Ramsay has extended the acceptance period until the 7th of November to give remaining shareholders an additional chance to accept the offer.
The company says Capio has a solid portfolio in France and has been a leader in driving value-based healthcare and digitalization.
Shares in Ramsay Healthcare (ASX:RHC) closed 1.41 per cent lower to $54 on Friday.