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Wind-up of Southern Cross Healthcare begins

Shares in listed care home operator Southern Cross Healthcare have been suspended with immediate effect as the group begins to wind up operations and transfer all of its 752 care homes to its landlords.
CoStar News
July 11, 2011 | 11:36 AM

In a stock market market announcement the group said that the key components of long-running negotiations with a Restructuring Committee of its landlords and lenders had been concluded.

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News | Wind-up of Southern Cross Healthcare begins