Spire shareholders vote down Ramsay bid

Spire Healthcare shareholders have rejected Ramsay Health Care’s £1.4bn takeover bid, ending plans to create the UK’s largest private hospital group. Ramsay sweetened its bid for the 37-strong hospital group to 250 pence per share earlier this month after key shareholders claimed its original 240p per share offer materially undervalued the business. However, at a…