Clariane has announced the signature of an agreement for the sale of all its activities and assets in the United Kingdom to Elevation Healthcare Properties, for a gross sale value of £207 million (approximately 243 million euros).

The closing of this transaction, which forms part of the plan to strengthen the financial structure announced by the EHPAD group on November 14, will take place in the coming weeks.

The net proceeds of this sale will be used to repay around 100 million euros of the group's outstanding debt. A provision of -40 million euros for impairment has been recognized in the 2023 financial statements in respect of this transaction.

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