on Readcrest Capital AG (isin : DE000A0LE3J1)
Readcrest Capital AG Sells UK Care Home Business
Readcrest Capital AG has announced the sale of its care home business in the UK. The transaction, valued at an initial £44 million, allows the company a complete exit from this sector. This strategic move could be accompanied by additional proceeds, contingent on specific conditions being met.
The proceeds from the sale will be strategically utilized to reduce existing debt and to potentially acquire smaller home care operators within the UK. Additionally, Readcrest plans to invest in real estate opportunities across Germany, leveraging the financial gains from this transaction. This marks a significant shift in the company’s operational focus and geographic investment strategy.
R. H.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Readcrest Capital AG news