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6 days ago by Neelam Khalid

US hedge fund amongst potential Four Seasons bidders

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US hedge fund, Davidson Kempner Capital Management, is among a clutch of investors considering a bid for Four Seasons Healthcare.Sky News revealed the hedge fund was amongst the parties interesting in buying the leading care home provider.The report said the hedge fund, which is the landlord of some Four Seasons properties, would be competing with current Four Seasons creditor H/2 Capital Partners for the bid.

Alvarez & Marsal (A&M) took over administration of Four Seasons’ holding companies in April after talks to reduce the company’s debt failed (see BREAKING NEWS: Administrators appointed at Four Seasons’ holding companies).

Four Seasons employs around 20,000 workers and cares for around 17,000 residents and patients in over 250 properties.