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A busy flight to the top for chain
By Catherine Gaunt,
Nursery World,
23 August 2007
The acquisition of Leapfrog Day Nurseries by Busy Bees has given the private group market another shake-up.
A nursery chain started in the room of a converted house by parents who were unable to find suitable childcare for their families has become the largest 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 (see News, page 4). The deal is dependent on the votes of Nord Anglia's shareholders at an Extraordinary General Meeting expected...
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