Investors move in on McCarthy & Stone

July 1, 2006
Britain’s largest provider of private retirement homes, McCarthy & Stone, is the subject of a bidding war between Augusta Capital, an investment firm, and Permira, a private equity group. Reports suggest that Augusta, which is backed by the Reuben brothers and former investment banker Jacob Lyons, will make a £1 billion offer. It is believed that Augusta is working in …

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