WebMar 7, 2024 · CareTech’s market capitalisation stood at £664m at the close on Friday, with its share value growing by over 10% in the last year. Sky News said while the value of any offer was not yet clear ... WebJun 27, 2024 · Offer: CareTech soared after it backed an £870m takeover bid from its founders Farouq and Haroon Sheikh, who are executive chairman and chief executive …
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WebJun 27, 2024 · Shares in CareTech soared after it backed an £870million takeover offer from its founders. The social care provider’s board agreed to a 750p a share offer from brothers Farouq and Haroon Sheikh ... WebMar 6, 2024 · Founders of Caretech Farouq and Haroon Sheikh are gearing up to make an offer, which could see the residential care company delisted from the London market. … cung le training
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WebJun 20, 2024 · The figures mark Caretech’s first results since its bumper £372m takeover of Cambian, which provides specialist care and education care. Caretech described the deal, which was cleared by the ... Web24.7 per cent. of CareTech's issued ordinary share capital on the Latest Practicable Date. • In addition, the Sheikh Group, together with persons "acting in concert" (for the purposes of the Takeover Code) with Bidco and Sheikh Holdings (the "Concert Party"), is interested in, directly ordinary share capital on the Latest Practicable Date. WebThe CareTech Group looks after approximately 1,700 adults and over 500 children and young people (including those in foster care and excluding the CareTech Group’s learning services division which provides apprenticeship training and qualifications in health and social care amongst other things) and employs approximately 5,500 people. cung nam coffee