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Ilmarinen, Danske Bank and SEB rescue scandal-ridden care home chain from looming bankruptcy

Improving care of elderly and disabled seems to have come with a hefty bill at Esperi Care, whose new owners are starting to look for the next investor.

Mikko Mursula, CIO of Ilmarinen. | Photo: PR / Ilmarinen

Finnish care home chain Esperi Care, which was embroiled in a care home scandal last year, has been taken over by its lenders Danske Bank, SEB and Ilmarinen due to the “deteriorating financial situation”, the chain announces.

Lenders Danske Bank, Ilmarinen and SEB have exercised their right to transfer the ownership of the company to themselves after discussions with the chain’s main shareholder, a statement released by Esperi Care yesterday reports.

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