BUPA 'puts hospitals up for sale' in UK

Private healthcare giant BUPA has put its UK hospitals up for sale in a move that could raise £1.2bn (€1.75bn) or more, it was reported today.

It is thought that proceeds from the sale of the 26-strong estate could be used to fund expansion of its care homes business, which has 298 sites in UK. The group also has sizeable insurance operations in the UK and overseas.