26th May 2015 05:32
LONDON (Alliance News) - Building maintenance company Mears Group PLC is understood to be set to announce a deal to acquire the community nursing arm of private equity-owned healthcare company Care UK, the Financial Times reported on Monday.
Care UK, owned by private equity company Bridgepoint, is the largest independent provider of NHS services and is thought to be planning to focus on winning more contracts in this area as commissioners put a greater number out to tender.
Mears is expected to announce a deal to acquire the division as early as Tuesday for an undisclosed amount.
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By Sam Unsted; [email protected]; @SamUAtAlliance
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