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30 Nov 2018 | 08:12

Impact Healthcare backs away from talks to buy portfolio of UK care homes

Impact Healthcare REIT said Friday it would not proceed with equity fundraising after ending talks to acquire a portfolio of UK care homes with over 2,500 beds.

The company expected, however, to raise capital in 2019, as it continued talks with vendors of the portfolio of UK care homes about other 'attractive' investment opportunities.

At 8:12am: (LON:IHR) Impact Healthcare Reit Plc share price was +0.5p at 103p

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