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
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%
Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the US
Medium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.