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LNT refinances for £100m
LNT Group, which operates Ideal Care Homes, completed a refinancing deal worth £100m last month.Chief executive Lawrence Tomlinson praised two of the four banks...
CareTech maintains capacity
CareTech Holdings, UK provider of specialist social care services, issued a trading update for the first half of the financial year.During the period, the...
Diversification bears fruit for Ashley House
GP partners Ashley House reported last month that its move further into the social care sector is paying off following a difficult 2012 which...
Lyceum set to buy CuroCare for £25m?
Private equity house Lyceum Capital is rumoured to be acquiring specialist care provider Curocare in a deal worth £25m.It has been reported in the...
Assura elects for REIT status
Assura Group Limited, the UK primary care property investor and developer has elected for real estate investment trust (REIT) status with effect from 1...
Rise in revenues at Runwood
In what the directors described as a year of growth and consolidation, care home operator Runwood Homes has reported revenues of £73.8m for the...
Unexplained expenses spoil Orchard’s profits
In a somewhat cryptic set of results for the year ended 31 March 2012, Orchard Care Homes.Com achieved a turnover of £58.7m, an increase...
Voyage bolsters its specialist care business with Independent Living
Hot-on-the-heels of its high-yield bond offering, specialist care provider Voyage has acquired the recently troubled Independent Living Group (ILG) for an undisclosed sum.
Voyage said...
HC-One to bond management with incentive
It has been reported that the management team of HC-One has negotiated with its bondholders a sale stake in the business of between 2...
Tough first year financially for HC-One
In its first set of accounts, HC-One, formed when the leases of 240 Southern Cross care homes were transferred following its collapse, reported revenues...
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