Ashley House raises funds through sales

Health and housing property partner Ashley House plc has sold its interests in Partnering Health Ltd (PHL) and Infracare LIFT Holdings Ltd to its major lender Invescare Ltd. It sold its 34% shareholding in PHL for £550,000 and its 51% in Infracare for £300,000. Before the deal, Ashley House’s loan with Invescare stood at £1.2m. Following completion of…

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