Mediclinic bosses U-turn on rejection of billion-pound takeover by consortium

The board of private hospital operator Mediclinic have U-turned on their rejection of a takeover approach from a consortium including billionaire luxury goods tycoon Johann Rupert. Bosses at the London-listed firm said today that having weighed up the realities of current macro-economic conditions, “the near-term value realisation of the latest proposal provides Mediclinic’s shareholders an [...]