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Care homes change hands

The owner of 445 care homes which is responsible for looking after some 20,000 residents has agreed to be sold to financier Guy Hands' private equity firm for £825 million, it was announced today.

Four Seasons Health Care - who have a base in Darlington - the UK's largest independent elderly and specialist care provider will be sold to private equity firm, Terra Firma.


Middlesbrough redevelopment row

Plans to redevelop an area of Middlesbrough have been criticised. Some local businesses say proposals to build a new shopping area at Cannon Park would force them to relocate - and that will mean they'll lose money.

But the council say it will be good for the town and make Middlesbrough a more attractive place to shop.


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