Nestor Healthcare – share price falls as private equity bid lapses

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


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.

Find a Miele dealer


Latest blog posts

Time for a ten dollar answer

By Caring Times editor GEOFF HODGSON

Ernest Hemingway was known for his minimalist style and he used to pooh-pooh what he called “ten-dollar” words. Not to...

Lacking capacity

By guest blogger JEF SMITH

A friend of mine diagnosed with cancer – now, happily, treated – was asked how he could possibly have missed the...

Care homes – understated examples of tasteful design

By Caring Times editor GEOFF HODGSON

Dozens of recently-built care homes are material proof that it is perfectly possible to design aesthetically pleasing buildings and put...