Runners and riders in blind €20m-plus Barchester sale

Three or four bidders will be pre-selected next week and then these will be narrowed down to two for the final bidding round

JP McManus

International and local investors made their bids in a blind sale process for Barchester Healthcare last Friday.

The Meath-based nursing home and primary care group backed by JP McManus and John Magnier is made up of a nursing home, a primary care centre, some living units in its independent living facility and a development site.

The price is in the early €20 millions range, and the shares of the company rather than its ...