Ramsay Raises Its Takeover Bid for Sweden’s Capio by 20 Percent
2018-10-08 06:25:39.357 GMT
By Niklas Magnusson
(Bloomberg) -- Ramsay Generale de Sante, a French
subsidiary of Australia’s Ramsay Health Care Ltd., raised its
offer for Capio AB by some 20 percent after the Swedish health-
care services provider rebuffed an earlier bid as too low.
* Ramsay now offers Capio shareholders 58 kronor in cash per
share, compared with an earlier bid of 48.50 kronor
* The total value of the increased offer is about 8.19 billion
kronor and represents a premium of approximately 46 percent
compared with the closing price of Capio’s share on Nasdaq
Stockholm on June 21
* Ramsay has decided to waive the competition clearance
condition and the completion of the offer is no longer
conditional upon such clearance being obtained
To contact the reporter on this story:
Niklas Magnusson in Stockholm at nmagnusson1@bloomberg.net
To contact the editors responsible for this story:
Jonas Bergman at jbergman@bloomberg.net;
Tasneem Hanfi Brögger at tbrogger@bloomberg.net
Hanna Hoikkala
2018-10-08 06:25:39.357 GMT
By Niklas Magnusson
(Bloomberg) -- Ramsay Generale de Sante, a French
subsidiary of Australia’s Ramsay Health Care Ltd., raised its
offer for Capio AB by some 20 percent after the Swedish health-
care services provider rebuffed an earlier bid as too low.
* Ramsay now offers Capio shareholders 58 kronor in cash per
share, compared with an earlier bid of 48.50 kronor
* The total value of the increased offer is about 8.19 billion
kronor and represents a premium of approximately 46 percent
compared with the closing price of Capio’s share on Nasdaq
Stockholm on June 21
* Ramsay has decided to waive the competition clearance
condition and the completion of the offer is no longer
conditional upon such clearance being obtained
To contact the reporter on this story:
Niklas Magnusson in Stockholm at nmagnusson1@bloomberg.net
To contact the editors responsible for this story:
Jonas Bergman at jbergman@bloomberg.net;
Tasneem Hanfi Brögger at tbrogger@bloomberg.net
Hanna Hoikkala