Care REIT acquired by US firm in £448m deal

Care REIT has agreed a deal with US-listed care home provider CareTrust for the sale of the company for £448m. The recommended cash offer would see Care REIT shareholders receive 108p per share, which represents: a 32.8% premium to the closing price of 81.3p on 10 March 2025; a 36.0% premium to the one-month volume weighted average … Continue reading Care REIT acquired by US firm in £448m deal