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Fears for residents after Four Seasons keeps back rent without warning
US hedge fund to assume control of most of care home chain’s portfolio in £400m deal
Group could be sold for just £400m, half the level it fetched 7 years ago
Group continues to seek buyer but revives memories of Southern Cross
Skinnier hotels-only business has given bitter taste to its shares
Group seeks to push through a sale to save business that houses 17,000 residents
Private equity group seeks £225m for 24 homes that are the subject of a legal dispute
Indebted care home operator aims to stabilise business ahead of crucial restructuring
Care home chain has £525m of net debt, mostly owned by hedge fund H/2 Capital Partners
José Luis Castro, 2018 in focus, world’s costliest drug
Battle between hedge fund and Four Seasons exposes risk of opaque structures
Loading up a narrow-margin business with high fixed-cost debt is hopelessly flawed
Deal to extend repayment into next year could be struck as early as Monday
Move comes as Guy Hands’ firm looks to raise $3.4bn for buyout fund
UK’s biggest care home operator says increases needed to offset food and energy costs
Growing debt burden forces cost cutting ahead of financial restructuring
Losses at Britain’s biggest care home owner continue to deepen
Providers in crisis meeting with health department over council tax increase
Care homes operator says ‘all options are on the table’ as it looks to secure its long-term future
Change fuels speculation that private equity backer Terra Firma is looking for exit
UK’s biggest care home operator says it cash for “medium-term”
Debt-ridden care home provider appoints advisers
Auction comes amid widening losses as sector grapples with government cuts and new EU rules
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