Nestor Healthcare – share price falls as private equity bid lapses
By SUHAIL MIRZA, email@example.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.