What is happening to Four Seasons Health Care?
One of Britain's largest care home groups, Four Seasons Health Care, has gone into administration. Two of the holding companies behind the firm appointed administrators on Tuesday after struggling to repay their debts. The group serves about 17,000 residents and patients and employs some 20,000 staff.
Is four seasons going into administration?
Administrators to Four Seasons Health Care have restarted the sale process of the operator's Northern Irish business. Alvarez & Marsal, which was appointed as administrators last April, is seeking a buyer for 42 care homes, Sky News has reported.
Who owns Four Seasons home?
Terra Firma Capital Partners