Vectura, the respiratory drugs company, has agreed a £958 million takeover by a private equity firmTwo British healthcare companies have agreed takeover deals worth a combined £2 billion as a mid-cap mergers and acquisitions rush intensifies. Spire Healthcare, the private hospitals group, has agreed a £1 billion takeover by Ramsay Health Care, an Australian rival. SponsoredVectura, a respiratory drugs company, has agreed a £958 million takeover by Carlyle Group, the private equity firm. Carlyle’s bid values Vectura at 136p in cash plus a dividend of 19p per share, in a 27 per cent premium. The deals join a spate of takeovers of listed British companies, including by private equity firms.

Source: The Times May 26, 2021 10:52 UTC