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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Deven Pamben has more than 15 years’ experience as a journalist, working on newspapers, trade magazines and online publications. A Criminology graduate, Deven worked for Hertfordshire Constabulary before becoming a journalist. He began his journalism career at a local newspaper in Hertfordshire before moving into trade magazines in permanent roles or as a freelancer. Titles he has reported and edited on include Law Society Gazette, Harpers Wine and Spirit, and Health Club Management. Deven has also written travel features for the Sunday People, and spent two years working in Beijing for the official press agency of the People’s Republic of China.