Augusta Capital, backed by the Reuben brothers, the Lyons family, and HBOS, is in bid talks with the McCarthy & Stone.
So is Permira which has linked with Barclays Capital to make a joint approach for the retirement homes builder.
The talks value the company at more than £900m. Citigroup is advising Permira and Barclays Capital and NM Rothschild are advising Augusta.
References: Financial Times 12/06/06 page 22, page 24 (The Weekend Papers), The Times 12/06/06 page 32-33, page 34 (Need to know), The Daily Telegraph 12/06/06 page B2, page B4 (Weekend Papers), The Guardian 12/0
