Four Seasons to get further reprieve as merger with Priory Group aborted


Posted on May 1st, by editor in Caring Times. No Comments

It is believed that debt-ridden provider Four Seasons Healthcare is to be given a further three months to sort out its financial problems after creditors effectively pulled the plug on merger negotiations with the specialist mental heath provider the Priory Group.

In the first days of the new year it was reported in the national media that the Royal Bank of Scotland (RBS) was promoting a merger between Four Seasons and the Priory Group. However, senior creditors are reported to have rejected the merger plan, saying that several private equity groups had exp





Comments are closed.


Latest blog posts

Equality & Human Rights – got them sorted?

By Caring Times editor GEOFF HODGSON

Safe, Responsive, Caring, Effective and Well-led – the regulator’s ‘Key Lines Of Enquiry’ (KLOEs) cover it all, wouldn’t you think?

...

Flu jabs – a vexed question

By Caring Times editor GEOFF HODGSON

As the days grow shorter and temperatures fall, the annual anxiety about ‘flu and whether or not to be vaccinated...

Health & social care integration – an epic quest of the 21st Century

By Caring Times editor GEOFF HODGSON

For centuries, marine explorers sought to find a ‘North West Passage’ whereby ships could travel from the North Atlantic, across...