A nursery chain started in the room of a converted house by parents whowere unable to find suitable childcare for their families has become thelargest group in the UK, after a deal worth 31.2m.
Last Monday Busy Bees, previously the sixth largest nursery group,bought Leapfrog Day Nurseries, a division of Nord Anglia Education,which had itself long held the crown of the UK's largest chain (seeNews, page 4).
The deal is dependent on the votes of Nord Anglia's shareholders at anExtraordinary General Meeting expected to take place next month.However, Nord Anglia's board has recommended the sale in 'the bestinterests' of the shareholders so that the company can forge ahead withthe expansion of its international schools and learning servicesdivisions.
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