CKA Group’s CK Bidco to takeover Civitas Social Housing for £485 million

LONDON, UK: Wellness Unity Limited (CK Bidco) has agreed to takeover Civitas Social Housing Plc for 80 pence per share translating the offer value of the entire issued share capital of Civitas (excluding treasury shares) at approximately £485 million. The cash consideration represents a premium of approximately 44.4 per cent to the closing price of…

Civitas Social Housing announces £2.5m acquisitions of supported living properties

LONDON, UK: Civitas Social Housing has completed the acquisition of three supported living properties and exchanged on one further property all located in the East of England for a total consideration of £2.5 million. The acquisition is composed of four self-contained single occupancy properties which have been specially adapted for adults with learning disabilities and…

£10.9m acquisition of supported living and care facilities in South Wales

LONDON: Civitas Social Housing PLC, has completed the acquisition of 15 supported living and care facilities in South Wales for a total consideration of £10.9 million. The portfolio provides 51 beds and long-term support for individuals with learning disabilities and mental health care needs along with dedicated facilities to develop and enhance independent living skills,…