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IN BRIEF: Caretech gives two bidders more time to make firm offer

Mon, 30th May 2022 14:28

Caretech Holdings PLC - Hertfordshire, England-based residential social care and education services - Gives its two suitors an extension on the put-up-or-shut-up deadine to June 27. DBAY Advisors Ltd and Sheikh Holdings Group (Investments) Ltd both have offered 750 pence per share. The price values values CareTech at GBP850.0 million. Farouq and Haroon Sheikh, the Sheikh brothers, founded CareTech in 1993, and are executive chair and chief executive officer, respectively.

Current stock price: 715.00 pence, up 0.7% on Monday in London

12-month change: up 23%

By Tom Waite; thomaslwaite@alliancenews.com

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(Sharecast News) - Social care services provider Caretech tapped Christopher Dickinson to take over as chief financial officer of the group on Monday, with immediate effect.

23 Dec 2019 14:06

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12 Dec 2019 10:32

CareTech Annual Profit And Revenue Rise After Cambian Combination

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24 Oct 2019 10:42

CareTech Annual Earnings Set For Sharp Growth As Cambian Unit Delivers

24 Oct 2019 08:12

CareTech trades in line following Cambian acquisition

(Sharecast News) - Social care and educational services firm CareTech traded in line with expectations after the group's acquisition of Cambian delivered a substantial increase in both earnings and revenues.

17 Oct 2019 16:13

UK Dividends Calendar - Next 7 Days

20 Jun 2019 13:21

Thursday broker round-up

(Sharecast News) - Halma: UBS upgrades to neutral with a target price of 2,060p.

20 Jun 2019 10:48

CareTech Interim Revenue Sees Sharp Rise On Cambian Integration

(Alliance News) - CareTech Holdings PLC on Thursday said its "transformational" acquisition of Cambian Group PLC is "well underway" and the synergies of the deal are "on a

13 Jun 2019 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

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1 May 2019 11:15

CareTech Sees "Substantial" Rise In Interim Revenue, Adjusted Earnings

LONDON (Alliance News) - CareTech Holdings PLC on Wednesday appointed a new non-executive director and said that it expects to post significant year-on-year rise in first half earnings.The

1 May 2019 10:33

CareTech revenues grow following Cambian acquisition

(Sharecast News) - Social care and education services business CareTech traded in line with expectations throughout the first half of the year, turning in a "substantial increase" in revenue and EBITDA driven by its acquisition of Cambian.

23 Apr 2019 11:24

CIP Merchant Capital Acquires Shares in CareTech And Orthofix (ALLISS)

LONDON (Alliance News) - CIP Merchant Capital Ltd said on Tuesday it has made an investment into CareTech Holdings PLC and increased its holding in US medical devices firm Orthofix Medical company

5 Mar 2019 12:12

CareTech Holdings Current Trading In Line With Views

LONDON (Alliance News) - CareTech Holdings PLC on Tuesday said that its current trading is in line with the board's expectations.In his annual general meeting statement, Chair Farouq am

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IN BRIEF: Caretech gives two bidders more time to make firm offer

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