Britain’s biggest care home operator HC-One in talks to hand control to property investment firm in a deal worth £1bn

02 March 2019 – ThisIsMoney

Britain’s  biggest care home operator is currently in talks to hand control to a property investment firm in a deal worth £1billion.

HC-One, founded by Labour donor Chai Patel, could give Round Hill Capital, a London-based investor in residential and student accommodation, a majority stake.

The business, owned by a consortium of investors including a firm run by Patel, was put up for sale with a £1billion price tag last year amidst intense financial pressure on the sector.

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