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>Date: Tue, 5 Jul 2005 14:21:03 +0100
>Subject: [TC-OF] Webwatch: Priory sold
>Reply-To: [log in to unmask]
>
><http://www.ananova.com/business/story/sm_1452170.html>http://www.ananova.com/business/story/sm_1452170.html
>
>"The Priory Group - famous for its celebrity clients - has been sold for
>£875m.
>
>The group, which has more than 1,800 beds in 42 locations, has been sold
>by private equity firm Doughty Hanson, which bought it three years ago.
>
>Doughty has sold the business to banking group ABN Amro and is reported to
>have made a return of at least four times its original equity stake.
>
>Since the takeover in 2002, the group has added 11 sites.
>
>It now includes 15 psychiatric hospitals, seven schools, two therapeutic
>community assessment services and five brain injury and rehabilitation units."
>
>
>*************************************************
>An Information Service of the Reference Desk
>Planned Environment Therapy Trust Archive and Study Centre
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>Created in December 2004 for all in the therapeutic community movement
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Dr. Craig Fees
Planned Environment Therapy Trust Archive and Study Centre
Church Lane
Toddington
near Cheltenham
Glos. GL54 5DQ
United Kingdom
Phone/fax 01242 620125
Email: [log in to unmask]
http://www.pettarchiv.org.uk
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