Slaughter and May is advising Bupa on its agreement to sell part of its UK care home business to HC-One, subject to regulatory approval, in a transaction totalling around £300m. The sale will see the transfer of 122 care homes to HC-One, a leading provider of health and social care in the UK. Bupa will retain around 150 care homes and six Richmond Villages caring for over 9,000 residents, with a further four care homes and two retirement villages under construction.
Contacts

Corporate: Paul Dickson (partner), Nick Pacheco (associate), Ross Davies (associate), Shawn Carrington (associate), Hemita Surmanasuriya (associate), Lucy Thomas (associate)

Employment and Pensions: Phil Linnard (partner), Simon Clark (associate), Lidia Danyi (associate)

Real Estate: John Nevin (partner), Kate Shirlaw (associate)

Tax: William Watson (partner), Emma Game (associate), Tanja Velling (associate)

Competition: Isabel Taylor (partner), Simon Breen (associate)

Financing: Oliver Storey (partner), Kevin Howes (associate)

IP/IT: Cathy Connolly (partner), Jodie-Jane Tingle (associate)