UK retirement homes builder target of £1bn bid

The UK’s biggest builder of retirement homes backed a takeover offer worth more than £1bn (€1.4bn) today.

UK retirement homes builder target of £1bn bid
Mon, 17 Jul, 2006 - 09:00

The UK’s biggest builder of retirement homes backed a takeover offer worth more than £1bn (€1.4bn) today.

McCarthy & Stone said the approach from funds advised by Barclays Capital and private equity firm Permira represented a good deal for shareholders.

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CourtsBusinessHeathrowPlace: UKPerson: McCarthyPerson: Tom HunterOrganisation: McCarthyOrganisation: Barclays CapitalOrganisation: PermiraOrganisation: West Coast Capital
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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