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27-Apr-2010 01:24 PM

Care UK shares delisted

Care UK's shares have ceased trading on the London Stock Exchange following the firm's takeover by Warwick Bidco. Story provided by Business Financial Newswire...
22-Apr-2010 04:20 PM

Court sanctions Care UK takeover by Warwick Bidco

The cash acquisition of Care UK by Warwick Bidco through a scheme of arrangement was sanctioned by the High Court today (22 April). Dealings in Care UK shares on the London Stock Exchange will be suspended with effect from 7.30 a.m. on 26 April. It is e
01-Apr-2010 01:35 PM

Warwick Bidco deal for Care UK approved

The recommended cash offer for Care UK by Warwick Bidco - a firm set up by Bridgepoint Europe IV Fund - was approved at a court meeting and general meeting today (1 April). Story provided by Business Financial Newswire...
24-Mar-2010 09:58 AM

Care UK loses Plymouth ISTC contract

Health and social care provider Care UK's contract to operate the Independent Sector Treatment Centre in Plymouth has not renewed been renewed. The firm has been appointed as reserved bidder under the recently concluded Peninsula NHS Treatment Centr
24-Mar-2010 07:41 AM

Care UK reserve bidder for Plymouth ISTC

Story provided by Business Financial Newswire...
23-Mar-2010 10:25 AM

Morning broker moves round-up

888 Holdings downgraded to add from buy at Numis, target 128p. BAE Systems cut to market-perform from outperform at Bernstein. BTG initiated with buy rating at Ambrian, 269p fair value. Burberry downgraded to add from buy at Evolution, target price upp
03-Mar-2010 09:23 AM

Bridgepoint's Warwick Bidco agrees £281m Care UK deal

Warwick Bidco - a firm set up by Bridgepoint Europe IV Fund - has agreed a 450p per share offer for Care UK. The recommended offer values Care UK at £281m and represents a premium of 9.2% on the closing price last night (2 March). The director responsib
01-Mar-2010 01:04 PM

Care UK treatment centre contract extended

Care UK confirms that the residual value payment for the transfer of the Peninsula NHS Treatment Centre in Plymouth to NHS ownership was received on 26 February. It says this was in accordance with the terms of the original contract and as expected. Ca
10-Feb-2010 09:13 AM

Care UK trading in line with its forecasts

Health and social care provider Care UK's current overall trading for the remainder of the financial year remains in line with management's forecasts. It said occupancy and fee rates across Residential and Specialist Care continued to be satis
17-Dec-2009 01:07 PM

Panmure Gordon ups Care UK target price to 475p from 419p after Bridgepoint approach

Care UK has confirmed it has received a number of approaches regarding a possible offer, with Bridgepoint making an approach at 450p. 'We now believe that there is an increased probability of a formal bid for the company and that it may even turn compe...
17-Dec-2009 12:50 PM

Care UK confirms 450p per share offer from Bridgeport

Care UK confirms it has received a number of approaches regarding a possible offer, including one from Bridgepoint Capital at 450p per share in cash. The health and social care solutions company says it is evaluating its options. Story prov...
17-Nov-2009 08:43 AM

Care UK operating profits up

Full year revenues at Care UK rose 20% to £410m with operating profits up 7% at £38.9m. The health and social care provider's adjusted pre-tax profits rose 25% to £28.1m with pre-tax profits jumping to £21m from £1.6m last time. Net debt fell by 13% to ...
14-Oct-2009 11:00 AM

Morning broker moves round-up

Amlin upgraded to neutral from underperform at Credit Suisse, TP 455p up from 450p. Care UK cut to neutral from buy at Goldman Sachs, target rises to 399p from 377p. Centrica upgraded to equal-weight from underweight at Morgan Stanley. Drax downgraded ...
01-Oct-2009 08:34 AM

Catalytic Solutions sees modest growth in revenues

Catalytic Solutions saw a modest growth in first half revenues despite the unprecedented global recession. It said the slump had a negative effect on both its catalyst business and the heavy-duty diesel systems business. But the year-on-year decline in...
 
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22-May-2015 04:30 PM

NARS acquisition receives thumbs-up

The Board of Nationwide Accident Repair Service (NARS) has announced that, at the Court Meeting and the General Meeting held earlier today in connecti ...

22-May-2015 04:12 PM

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