secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001140361-25-018923
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CareTrust closes acquisition of Care REIT plc for ~$840.5M total consideration
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- Target shareholders receive 108 pence per share (~$595.4M cash); plus assumption of ~$245.1M net debt.
- Acquisition closed May 8, 2025 via UK court-sanctioned scheme of arrangement.
- Funded by $425.0M borrowing under revolving credit facility and cash on hand; $606.0M escrowed.
- Deal valued at $840.5M total purchase price at 0.75 GBP/USD exchange rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000114036125018923/0001140361-25-018923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000114036125018923/ny20049035x1_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-018923

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer