CareTech’s purchase of Cambian cleared by CMA

CareTech positive over fee rises
Farouq Sheikh, CareTech’s executive chairman

The Competition and Markets Authority (CMA) has cleared CareTech Holdings’ acquisition of the Cambian Group. CareTech completed the purchase of Cambian on 19 October, however, three days prior the CMA served an initial enforcement order on the two providers in relation to the £372m acquisition to investigate the effect of the deal on the children’s…

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