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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