Nestor Healthcare – share price falls as private equity bid lapses


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

By SUHAIL MIRZA, suhail_1mirza@hotmail.com

In August, Nestor chairman John Rennocks confirmed City speculation by announcing that his company’s talks with various parties in respect of a bid for the company had ended. He added that “no recommendable offers have been received”.

In May we featured Nestor’s annual results and reported a success story following the de-merger of its healthcare staffing business and the successful Rights issue which raised £32.5m for further acquisitions within the social care sector.


Print



Latest blog posts

When the chips go down . . .

By Caring Times editor GEOFF HODGSON

I have heard people say they couldn’t get by without their smartphone, and I suppose this must be true...

Loneliness behind the front doors

By Guest Blogger KEITH LEWIN

Last week SCIE issued its monthly ‘Briefing for Commissioners’, its focus is on social isolation which it correctly says “can...

The not-so-sweet sound of success

By Caring Times editor GEOFF HODGSON

Here’s one of my many gripes about marketing and PR people. It seems that nothing is done these days unless...