Michael Fetherston, the entrepreneur in the process of buying the K Club luxury golf resort from the businessman Michael Smurfit, is in advanced talks to sell his TLC Nursing Homes portfolio to one of the biggest nursing care groups in Europe. The Orpea Groupe, a French headquartered nursing care giant, has made an offer of well in excess of €100 million for the business, a move that makes it the preferred bidder for the string of Leinster based nursing homes. The process is still expected to take some time to close. Orpea has a market capitalisation of €7.5 billion and…
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