Retirement builder accepts offer and starts bid war

July 18, 2006
McCarthy & Stone has accepted a £1.03 billion offer as the bidding war for Britain’s biggest retirement homes builder heats up. McCarthy & Stone’s board unanimously recommended the £10-a-share bid from the Barclays and Permira consortium. But the offer was overshadowed by a rival bid of £10.30-a-share, which valued the company at £1.06 billion, by West Coast Capital, the Bank …

Continue reading

To continue reading this article please login or register.

Login

Forgot your password?

Register for free

Quick and free registration

Register