Deals Rumor Mill: Spire Healthcare, Montagu, Savera Group

Law360, New York (March 6, 2014, 5:23 PM EST) -- European private equity firm Cinven is looking to sell the U.K.’s second largest private hospital operator, Spire, and has hired Morgan Stanley and Bank of America Merrill Lynch to help with the potentially £1.5 billion (US$2.51 billion) deal, Reuters reported, citing people familiar with the matter. The deal could draw attention from private equity heavyweights like CVC, Blackstone, Charterhouse, Bain, KKR and Onex, according to the report. Cinven picked up the hospital assets of British medical insurance provider BUPA in 2007 for £1.4 billion and shaped...
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