Capio AB (publ) (CAPIO.ST)
STOCKHOLM Leading shareholders in Sweden's Capio swung behind a $900 million takeover bid from France's Ramsay Generale de Sante on Wednesday, paving the way for a deal to go through after the board backed it.
* Big shareholders support new offer (Adds shareholder comments, updates shares)
STOCKHOLM The board of Swedish healthcare provider Capio on Wednesday recommended shareholders accept a raised takeover bid from France's Ramsay Generale de Sante , increasing the likelihood a deal will go through.
Oct 10 AP4, one of Capio's largest shareholders, spokesman says in email to Reuters:
STOCKHOLM, Oct 10 The Board of Sweden's Capio unanimously recommends its shareholders to accept Ramsay Generale de Sante raised bid, it said on Wednesday.
STOCKHOLM French hospital operator Ramsay Generale de Sante raised its cash bid for Sweden's Capio by almost 20 percent on Monday, valuing the company at around 8.19 billion crowns (688.8 million pounds).
STOCKHOLM French hospital operator Ramsay Generale de Sante raised its cash bid for Sweden's Capio by almost 20 percent on Monday, valuing the company at around 8.19 billion crowns ($903 million).
* Swedish company has separate plan to sell French business (Adds comments from shareholders and Capio, updates shares)
STOCKHOLM, Oct 8 French hospital operator Ramsay Générale de Santé, a unit of Australia's Ramsay Health Care, on Monday raised its cash bid for Sweden's Capio to 58 Swedish crowns per share from 48.50 crowns.
STOCKHOLM/LONDON, Aug 22 The French unit of Australian hospital group Ramsay Health Care has approached investors of Sweden's Capio as it considers bumping up its 661 million Swedish crown ($756 million) bid for the hospital chain, a source close to Ramsay told Reuters.