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Westminster sells stake in Peverel
Westminster Health Care (WHC) has sold its 49.5% share in Peverel to its joint venture partner, the US-based Holiday Retirement Corporation (HRC).Peverel is the...
Barchester acquisition
Barchester Healthcare has announced the acquisition of three nursing homes, increasing its portfolio to 14 homes with 1100 beds. The move signals the start...
Southampton Leisure Interim
Interim results from Southampton Leisure, owners of Southampton Football Club and Lifeways Community Care, show revenues from the latter of £1.7m and operating profits...
Tamaris – life after death?
The story of Tamaris is one of a dog that will not die. Readers blessed with long memories will recall that Tamaris was itself...
BUPA £235m securitisation
BUPA has returned to the bond market following its 1999 withdrawn attempt, and launched its £235m securitisation loan backed by revenues from 116 of...
CMG acquisition
Care Management Group (CMG) Ltd, an operator of homes for people with learning disabilities, has completed the purchase of 12 residential homes and 87...
NHP tenant falls
NHP this month announced that it has appointed Geoffrey Martin & Co Administrative Receivers at another of its tenants, following concerns about the company's...
Bettercare acquisition
Bettercare Group has acquired the UK facilities of Extendicare Inc., a Canadian public company, in a £26.3m acquisition. The portfolio comprises 15 nursing homes...
NHP results
In a preliminary results statement for the year to September, NHP reports revenues of £49m (£25.3m) and profit before tax of £18m (£7.8m). The...
ANS management buyout
ANS is leaving the stage as a publicly quoted company. Following the current trend for publicly quoted long term care operators to go private,...
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