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Asset Manager Toscafund Makes £1B Bid For Spire Healthcare

By Najiyya Budaly

Spire Healthcare Group PLC said Thursday that it could back a £1 billion ($1.4 billion) possible cash offer from Toscafund Asset Management LLP after takeover talks with two other British investment companies failed.


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Top Stories
  • Crispin Odey arrives for a court hearing at the Rolls Building in London, UK, on Tuesday, March 24, 2026.
    Crispin Odey Settles Several Women's Sex Assault Claims

    By Ronan Barnard

    Crispin Odey has settled sexual assault claims brought against him by several women, a month after he dropped hi...(read more)

  • Phone company logo is displayed on a smartphone on the top of a laptop.
    Nokia Ruling Maps Route To Arbitration In UK FRAND Cases

    By Jamie Lennox

    Nokia has offered a glimpse into the future of standard-essential patent licensing disputes in London by persuad...(read more)

  • UK Gov't Plans Bills For Closer EU Links, Financial Reforms

    By Alex Davidson

    New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.

  • Diamond Tycoon Denies Family Ran Firms In $1B Gold Fraud

    By Sophia Dourou

    A diamond and jewelry tycoon accused of swindling more than $1 billion from banks has denied controlling various businesses that carried out the Indian gold bullion fraud, as he testified on Wednesday at the trial brought by the liquidators of U.K. companies.

  • Chubb, Fidelis Lose Russian Aircraft Contribution Claim Bid

    By Joel Poultney

    A High Court judge on Wednesday blocked an attempt by insurers Chubb and Fidelis to claim contributions from a group of underwriters for their liability to aircraft lessors for planes stranded in Russia after the invasion of Ukraine.

  • TUI Pilots Say Union Deal Couldn't Cut Illness Benefits

    By Eddie Beaver

    A group of TUI Airways pilots told an appeals court on Wednesday that a judge had wrongly dismissed their claims of breach of contract after their employer slashed an income protection program for those unable to fly because of illness.

  • Ex-QPR Player Wins Racist Banter Claim Against Ex-Manager

    By Adele Redmond

    A professional footballer has won his claim that he endured racist banter from the manager of a lower-league team where he was on loan, although his home club has avoided liability for the offending comments.

  • Tesco Loses Appeal To Ax Training Docs From Equal Pay Feud

    By Jamie Lennox

    An appeals court has rejected Tesco's attempt to exclude training documents from an evaluation of the jobs done by staff at the retailer amid an ongoing equal-pay claim from thousands of mostly female workers in its stores.

  • Intertek Board Set To Recommend EQT's £9.4B Final Offer

    By Tom Fish

    Intertek Group said Wednesday that it is prepared to endorse a takeover offer from EQT AB after the Swedish private equity firm made a "final proposal" that valued the laboratory testing company at approximately £9.4 billion ($12.7 billion).

  • MFS Owner Accused Of 'Plundering' £1.3B For Lavish Lifestyle

    By Sophia Dourou

    The administrators of Market Financial Solutions have accused the collapsed lender's owner of systematically plundering £1.3 billion ($1.8 billion) in a "widescale" fraud to fund his "lavish lifestyle."

  • Frasers Wins Appeal To Dodge Payout In 10-Year TM Dispute

    By Jamie Lennox

    A London appeals court said Tuesday that Frasers does not need to pay damages to reflect the losses of various sublicensees of trademarks that it infringed around 10 years ago, ruling that the claim came too late.

  • Nokia Halts RAND Case On Appeal After Pitching Arbitration

    By Jamie Lennox

    A London appeals court has ended Acer and Asus' claims that Nokia failed to offer suitable licenses for its essential video-coding patents, ruling Tuesday that the Finnish tech firm has fulfilled its obligations by offering to arbitrate.

  • New Liability Rules Put Businesses In Uncharted Territory

    By Christopher Crosby

    New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.

  • Ex-Privatbank Owners Say Payments Erased $3B Fraud Loss

    By Sophia Dourou

    The former owners of PrivatBank urged an appeals court on Tuesday to overturn a finding that they owe the Ukrainian lender $3 billion, arguing that a later repayment to the bank "extinguished" the loss resulting from their fraudulent loan recycling scheme.

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Trending on Law360 UK

  • MFS Owner Accused Of 'Plundering' £1.3B For Lavish Lifestyle
  • New Liability Rules Put Businesses In Uncharted Territory
  • Chubb, Fidelis Lose Russian Aircraft Contribution Claim Bid
  • Ex-TLT Employee Barred Over 'Sexually Motivated' Conduct
  • Crispin Odey Settles Several Women's Sex Assault Claims
  • Judicial Watchdog To Reopen Bullying Judge Complaints
  • Diamond Tycoon Denies Family Ran Firms In $1B Gold Fraud
  • UK Gov't Plans Bills For Closer EU Links, Financial Reforms
  • Ex-Privatbank Owners Say Payments Erased $3B Fraud Loss
 
 
 

From The Courtroom

  • Ex-BDB Pitmans Client Challenges Denial Of Fee Protections
  • Deutsche Bank Can Question Billionaire In $360M Debt Fight
  • Whitestone Denied Judicial Review In BSB Pupillage Row
  • Barrister Loses Bid To Revive Race Bias Case Against 10 KBW
  • Lawyer Fights To Scrub 'Character Assassination' From Ruling
  • Financier Charged With Fleecing Billionaire Out Of $450M
  • Ex-Everton FC Director Appeals 'Capricious' UK Sanctions
  • Ex-Rosenblatt Firm Says VC Co. Should Pay Its £6M Legal Bill
  • Consultancy Pro Says £46M Staff Raid Case Belongs In UAE
  • Waldorf Beats HMRC Bid To Ax Debt Plan Over £70M Tax Loss
 
 
 

Expert Analysis

  • Antonio Lanotte
    EU Risks Falling Behind With Delay In Digitization Rule Fixes
    With financial organizations calling for the European Union to fast-track modifications to the Distributed Ledger Technology Pilot R... (read more)
  • Michael Davar
    Darchem Ruling Clarifies Status Of JV Members' Solo Claims
    The High Court’s recent decision in Darchem Engineering v. Bouygues on whether individual members of an unincorporated joint venture... (read more)
  • Grania Baird
    How New EU Third-Country Branch Rules Will Affect UK Banks
    The European Union's new directive on third-country branch rules for non-EU banks will have a significant impact on U.K. banks, whic... (read more)
  • Martin Dowdall
    FCA's £44M Nationwide Fine Highlights AML Control Gaps
    The Financial Conduct Authority’s recent £44 million fine of Nationwide Building Society for anti-money laundering control failures ... (read more)
  • Pasquale Tammaro
    How EU Reforms May Affect Copyright, AI Balance
    The European Parliament’s recently proposed resolution calling on the European Commission to address the intersection between copyri... (read more)
  • Read More Expert Analysis

 
 
 

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