Amalfi Bidco Limited reached an agreement to acquire entire stake in CareTech Holdings PLC for £870 million on June 27, 2022. CareTech shareholders will be entitled to receive: £0.3125 for each CareTech Share. The offer values the entire issued and to be issued ordinary share capital of CareTech at approximately £870 million .

CareTech Independent Board and the board of Bidco recommended the offer. The offer is expected to become effective in third quarter, 2022.