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Investment bank Shawbrook spends £30m on ‘Ashya’ proton beam firm
By Vicki Owen, Financial Mail On Sunday
Investment bank Shawbrook has spent millions on a firm specialising in proton beam therapy– the form of radiotherapy that made headlines in the case of Ashya King.
Shawbrook Asset Finance has agreed a £30million loan facility with Proton Partners International, which is building the first dedicated proton beam therapy centres in the UK.
Ashya’s case came to light when his parents – Brett and Naghmeh – took him from Southampton General Hospital in 2014 against the wishes of his doctors in order to seek the proton beam therapy abroad for his brain cancer. This sparked a police search and the controversial arrest of his parents near Malaga in Spain.
A High Court judge later backed the parents’ right to take Ashya to the Czech Republic for the treatment. The six-year-old is now clear of cancer and went back to school last week.
Full story here