Blackstone continues private equity push into care home sector

Private equity groups, including US giant Blackstone, have continued their push into the care home sector with two buyout deals in the space of a day, demonstrating their determination to press into the sector.

The Blackstone Group completed its buyout of US homecare provider Apria Healthcare Group for $1.7bn (€1.3bn) yesterday. The deal value is about $100m higher than it agreed in June when it was announced.

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