Barchester gets Hands on £160m Brighterkind care homes

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Barchester is in advanced talks to buy the 24 disputed care homes from Terra Firma., Sky News learns.

For Mr Hands, the disposal will represent a successful exit from a sector which has caused him significant financial difficulties in recent years.

The 24 homes now being sold by Mr Hands' firm to Barchester, which have a series of management and service arrangements with FSHC, were acquired about five years ago. The portfolio of homes being sold is not connected to Four Seasons' insolvency, although, confusingly, a number of sites included in the administration process are also branded Brighterkind.

 

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