Richard Curran: ‘Boris Brexit uncertainty scuppers billionaires’ Barchester sale’

Independent.ie | Jul 14, 2019 at 7:00 AM
  • The binary choice of a bungling Boris or a commie Corbyn is starting to affect investment in the UK in a big way.
  • During the week, it emerged that Australian bank Macquarie had pulled out of a £2.5bn (€2.8bn) deal to acquire Barchester Healthcare Group, a chain of 200 nursing homes backed by Irish billionaires JP McManus, John Magnier and Dermot Desmond.
  • It appears that Macquarie was close to finalising the deal and had all but signed off on it, according to the Financial Times, when it changed its mind.