Spire Healthcare runs 40 hospitals and more than 50 clinics across the UK and is a FTSE 250-listed company. The market value of the widely held company was $1.12 billion (£884.4 million) at market close on Thursday. The senior leadership of Narayana has already initiated detailed negotiations with large institutional shareholders and is said to have received positive feedback. Shetty, a renowned heart surgeon-turned-healthcare billionaire, and his team are expected to meet some activist shareholders and others next month to drum up support for the bid.
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