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Home Care Markets Business Sheikh Holdings ups offer proposal for CareTech

Sheikh Holdings ups offer proposal for CareTech

By
Deven Pamben
-
Haroon Sheikh is group chief executive of CareTech

CareTech has received a revised proposal from the consortium led by Sheikh Holdings Group (Investments) Ltd, which values the provider at £850m. Independent directors of CareTech Holdings confirmed they had received a revised proposal from the consortium regarding a possible cash offer for the group at 750 pence per share, up from its previous 725…

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