US hedge fund orders sale of Britain's biggest care home operator

Four Seasons failed to pay off a portion of debt owed to H/2 Capital Partners

A “for sale” sign has been hoisted over Four Seasons as fears grow for the future of Britain’s biggest care homes operator.

The US hedge fund H/2 Capital Partners, which is in effective control of the group, has put Four Seasons up for sale and swept aside the company’s senior management, installing Margaret Ford and Mark Ordan to the board of directors.

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from US news | The Guardian https://ift.tt/2OYws8a