On March 7, Ramsay Sant, through its Swedish subsidiary Capio Group Services AB (Capio), announced a recommended public offer to acquire GHP Specialty Care AB (GHP), a Swedish healthcare provider specialist listed on the Nasdaq in Stockholm. At the end of the initial period of acceptance of the offer, Capio controls approximately 68 million shares and voting rights of GHP, corresponding to approximately 96.6% of the shares and voting rights of GHP.
Consequently, all conditions required for the completion of the offer have been satisfied and Capio has declared the offer unconditional. Settlement of the offering will begin on or around May 2.
Capio intends to initiate a squeeze-out procedure in accordance with Swedish regulations.
“This merger brings together the expertise of GHP Specialty Care with 300,000 patient visits per year in 23 establishments in Sweden and 1 in Denmark with that of Capio in the Nordic countries. The complementarity of the two structures should allow us to make 6 million medium-term synergies,” said Pascal Roch, CEO of Ramsay Sant.