Care UK has agreed a conditional contract with Tribal Group to buy Mercury Health for £31.5m, as well as assuming debts of £20.7m and repaying inter-company borrowing of £24.6m.
Among the conditions for the acquisition to go ahead is approval from the Department of Health for the change of ownership. If the deal is approved Mercury Health will become part of Care UK's clinical care division.
Care UK has agreed a conditional contract with Tribal Group to buy Mercury Health for£31.5m, as well as assuming debts of£20.7m and repaying inter-company borrowing of£24.6m.
Among the conditions for the acquisition to go ahead is approval from the Department of Health for the change of ownership. If the deal is approved Mercury Health will become part of Care UK's clinical care division.
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