PE bidders in the running to acquire Priory Group
A number of private equity groups are believed to be in the running to pick up Royal Bank of Scotland's healthcare operator Priory Group.
The bank, which had originally indicated that it would be seeking an IPO for the business during 2010, is thought to have shelved plans for the £1bn+ listing in the light of stock market volatility and interest from financial buyers.
The Priory, best known for its high-profile rehab clinic, operates over 50 facilities across the UK, including medical, educational and care home sites.
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