Summary
SHARES in Britain's biggest care home provider plummeted yesterday after sale talks fell through and it warned it may breach its banking covenants.
Struggling Southern Cross Healthcare said its trading outlook had continued to deteriorate in 2011 after admissions and fees declined as local authorities look for cheaper prices in the wake of the Government's budget cuts.See the full content of this document
Extract
Southern Cross Shares Slump After Talks On Sale Fall Through
The company, which operates facilities across Merseyside...
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