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Caledonia in talks to buy Choice from Sovereign Capital

Sovereign Capital hired bankers from Jefferies earlier this year to sell Choice, which is likely to fetch up to £90 million

The Caledonia Investment Trust is poised to acquire Choice Care Group from UK mid-market buyout firm Sovereign Capital for up to £90 million, according to three people familiar with the matter.

The UK investment trust is in exclusive discussions to buy Choice, a company that provides residential support for adults with learning disabilities, and a deal could be announced imminently, the people said.

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