HC-One’s chairman, Chai Patel is reported to have held talks over a possible bid to buy half of Bupa’s care home estate for up to £450 million. It would make HC-One Britain’s biggest care homes operator.
However, other unnamed bidders are said to be also vying for the sites, which Bupa has been trying to sell since late last year.
The estate represents about half of Bupa’s care homes business and includes 15,000 staff. It is thought the 150 care homes could fetch between £300 million and £450 million.