Welltower (NYSE:WELL) has dropped its £2.5B bid to buy nursing home group Barchester Healthcare, the Sunday Times reports.
That pullout comes amid the ongoing pandemic, which is shifting business plans worldwide.
Barchester employs more than 17,000 to run more
than 200 care homes and seven registered hospitals in the UK, with more
than 12,000 beds.
https://seekingalpha.com/news/3558443-welltower-drops-2_5b-bid-for-barchester-report
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