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Vithas ups its offer for Nisa stakeholders

Spanish hospital group Vithas is upping its purchase offer to stakeholders at target competitor Nisa from €16 to €22 per share. Vithas already garnered 45% of the voting rights in the company, but is struggling to secure control since the remaining stakeholders grouped together against the hostile takeover under Nisa's management's initiative. Nisa's management claims that Spanish hospital groups Quirónsalud, HM Hospitales and Hospitales Pascual are considering a white knight bid.

Vitaldent changes hands

Spain's special high court, the Audiencia Nacional, has accepted an €18.5m offer from private equity house JB Capital Markets to buy Vitaldent - Spain's largest dentist and Europe's third largest with 341 centres in Spain and another 109 in Italy. Vitaldent has been under judicial review since a tax scandal broke the news in February this year.

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