|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||12.69 - 12.69|
|52-week range||11.15 - 14.00|
|Beta (5Y monthly)||0.51|
|PE ratio (TTM)||61.45|
|Forward dividend & yield||0.28 (2.16%)|
|Ex-dividend date||03 Sept 2021|
|1y target est||N/A|
Ramsay Health Care's (ASX:RHC) stock up by 4.0% over the past month. However, in this article, we decided to focus on...
The private hospital group needed 75% shareholder approval but only 70% voted in favour of the £1bn approach by rival Ramsay Health Care.
Shareholders have rejected a £1.4bn takeover bid for Spire which would have created Britain's biggest private healthcare operator, in a humiliating blow for the company's board. Only 70pc of investors backed Spire's sale to rival Ramsay Health Care in a vote on Monday, below the 75pc threshold needed to push the deal through. The defeat is an embarrassment for Spire's board, led by chairman Sir Ian Cheshire, after it urged shareholders to back the takeover - and a coup for Toscafund and Fidelity