Friday 21 July 2017

Priory clinic set for flotation

A chain of private rehab clinics best known for helping wean celebrities off their addictions confirmed plans for a stock market flotation as it looks to an "ambitious expansion programme".

The Priory said the move would help reduce its debt pile and help it attract funding for future growth to meet a growing need for independent specialist mental healthcare. It said the listing was expected later this year and the firm intends to appoint advisers soon.

Irish Independent

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