FT article on Ashcroft business portfolio

  • 5 November, 2007
  • Business

FT Interview with Lord Ashcroft on 05 November 2007.

Ashcroft keeps faith with the cash shell route

The entrepreneur and Tory bigwig has added healthcare to his diverse portfolio of investments, writes Salamander Davoudi.

When Lord Ashcroft snapped up a 32.5 per cent stake last week in The Priory Group, the private hospital chain, some in the City wondered whether it marked the beginning of a serious foray into the healthcare sector.

“I don’t want to create an impression that I have identified a sector,” says the entrepreneur and deputy chairman of the Conservative party.  “A lot of what I do is very opportunistic and this is opportunistic – I know people who have an expertise in this area.”

Read the full article.

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