Grupo Ángeles, registered in Mexico, has offered €4.3 per share for Espírito Santo Saúde which values the company, still controlled by the Espírito Santo Group, at €411 million.
Ángeles, the largest private healthcare company in Mexico, launched its public tender offer for the Portuguese company, a welcome events for bankrupt Rioforte, part of the Espírito Santo Group, which has sought protection from creditors as its affairs are wound up.