TROUBLED care home operator Four Seasons Health Care has announced it is to defer putting the business up for sale.

The announcement follows a board meeting late last week, after which the company was expected to start a formal sale process as negotiations over the restructuring of its £1.5bn debt pile had passed the given July 6 deadline.

The Wilmslow-based company did not give a new deadline for agreement, but did say the deferral would only be for a “short period”.

It added that although a......for the full story register now for free or login below...