Financial Times FT.com

Carlyle to buy Manor Care for $6.3bn

By James Politi in Chicago

Published: July 2 2007 14:53 | Last updated: July 2 2007 14:53

Carlyle, the US private equity group, on Monday announced a deal to take over Manor Care, one of the largest US nursing home operators, in a $6.3bn deal.

If successful, the acquisition will further extend the reach of private equity into the healthcare industry. HCA, the largest US hospital operator, is owned by a consortium including Bain Capital, Kohlberg Kravis Roberts and Merrill Lynch.

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