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News

UK care home giant saved from administration – for now

Four Seasons, the UK's second largest care home group, has avoided going into administration at the 11th hour after striking an agreement with its key creditor - a day before it was due to pay a £26m interest payment which it could not meet.

Waterland buys German nursing home operator

Private equity firm Waterland has acquired a nursing home operator with 28 homes and 3,058 beds in southern Germany. We talk to Carsten Rahlfs, partner at Waterland.

Mediclinic – new CEO and break up valuation

In an unusual move, Mediclinic has appointed its chief medical officer Dr Carel Aron (Ronnie) van der Merwe as CEO, replacing Danie Meintjes, who has held the post since 2010. Meanwhile we ask what Mediclinic’s break up value would be? The group is currently valued at £3.95bn on the London Stock Exchange.

Private wing of London NHS hospital set to expand

We hear from reliable sources that the Kingston Hospital NHS Foundation Trust in south-west London is putting a management contract out to tender that could see the enlargement of its private wing.