F&C Private Equity Trust has announced the sale of Lifeways Community Care, its largest holding and the UK's market leading provider of supported living services to adults with learning difficulties.
Lifeways was sold to Canadian pension fund OMERS Private Equity for £13.5m, a premium of £3.4m to the company's latest valuation at March 31st this year.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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