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CareTrust REIT Inc. plans to buy UK's Care REIT plc for $817 million to expand its care home presence.
CareTrust REIT Inc. plans to acquire UK-based Care REIT plc for about $817 million, a deal that represents a significant premium over Care REIT's recent share prices.
The acquisition aims to expand CareTrust's presence in the UK care home market.
The transaction, expected to close in the second quarter of 2025, has been approved by both boards and requires certain conditions and approvals.
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CareTrust REIT Inc. planea comprar Care REIT plc de Reino Unido por $817 millones para ampliar su presencia en el hogar de atención.