Mitie Group disposes of Healthcare business

Mitie Group has disposed of its UK social care division, comprising the domiciliary care and homecare businesses, Enara Group Ltd and Complete Care Holdings Ltd, to Apposite Capital LLP for £2 cash.

In addition, Mitie would contribute £9.45m to the funding of trading losses and the cost of the turnaround plan. This would be paid in two tranches with the first (£5.4m) on April 1 and the second (£4.05m) on July 1.

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