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.


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