Care home owner agrees £825m sale

AOL Money Staff
Care home worker and patient
Care home worker and patient

The owner of 445 care homes which is responsible for looking after some 20,000 residents has agreed to be sold to financier Guy Hands' private equity firm for £825 million.


Four Seasons Health Care, the UK's largest independent elderly and specialist care provider with 30,000 staff, which also owns 61 specialist care centres, will be sold to Terra Firma.