Barchester Healthcare to bid for Priory

BARCHESTER Healthcare, the British nursing home group backed by John Magnier and JP McManus, is expected to be among the bidders today for the famous Priory clinic group.

Eight groups are expected to submit offers for the Priory, best known for treating the drink and drug addictions of celebrities, ahead of today’s deadline for bids. The Priory, which has treated stars ranging from snooker star Ronnie O’Sullivan to Brian McFadden’s ex Kerry Katona, is being put up for sale by investment bank Doughty Hanson and could sell for in excess of €725 million.

Aside from the famous London clinic, Priory Healthcare owns 15 psychiatric hospitals, seven teaching schools and a number of smaller treatment centres.