Ramsay Health Care withdrew its offer to acquire Spire Healthcare for $2.92bn.

Ramsay Health Care, a provider of health care services, withdrew its offer to acquire Spire Healthcare, a United Kingdom-based independent hospital group, for $2.92bn. "This transaction will enable Ramsay to build on its established reputation for delivering high quality patient care and outcomes in the UK. The proposed combination builds a broader platform to take advantage of the opportunity for sustained growth in the £5.8bn UK private hospital sector, with the aim of delivering best-in-class healthcare to all patients. Ramsay and Spire together would lead the way on patient outcomes through bolstered partnerships with private health insurers, the NHS, consultant partners and associated clinical networks," Craig McNally, Ramsay CEO and Managing Director.