John Laing completes acquisition of hospital
John Laing Infrastructure Fund (JLIF) has completed its acquisition of the Forth Valley Royal Hospital, valued at 30m pounds.
John Laing Infrastructure Fund (JLIF) has completed its acquisition of the Forth Valley Royal Hospital, valued at 30m pounds.
This follows this FTSE 250 constituent's recent successful capital raise of £60.4m.
Andrew Charlesworth from John Laing Capital Management, the fund manager to JLIF, said: "We are delighted to announce the acquisition of the remaining stake in Forth Valley Royal Hospital.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"100% ownership of this high quality asset offers an exciting development for the fund, and represents the second completed acquisition following the recent capital raise. We anticipate the acquisition of the remaining asset in this portfolio from John Laing, Pembury Hospital, to complete in the near future."
CM
-
December 2023 NS&I Premium Bond winners - check now to see what you’ve won
If you hold money in NS&I Premium Bonds, you can check from today (2 December) to see if you have won in the December prize draw. Here’s how to check.
By Vaishali Varu Published
-
OpenAI – corporate drama unleashed
OpenAI, the firm behind ChatGPT, was in uproar as its boss was booted out, briefly snapped up by Microsoft and then brought back again.
By Dr Matthew Partridge Published