CareTrust REIT takes Care REIT plc private
Client(s) CareTrust REIT, Inc.
Jones Day is advising CareTrust REIT, Inc. in the $817 million recommended all cash takeover offer for and acquisition of London listed Care REIT plc by CR United Bidco Ltd, a wholly-owned subsidiary of CareTrust.
With the completion of this transaction, CareTrust adds to its portfolio 132 care homes comprising approximately 7,500 beds and two healthcare facilities leased to the UK’s National Health Service, located throughout England, Scotland, and Northern Ireland.