UK health firm rejects SA takeover offerpublished at 10:24 British Summer Time 23 October 2017
Private hospital group Spire Healthcare, which is the UK's second-largest healthcare company, has rejected a £1.3bn ($1.7bn) offer from South Africa's Mediclinic, stating, external that the offer "significantly undervalues" the business and "its prospects".
According to Reuters, the offer came growing scrutiny by the British government of foreign takeovers of UK companies.