New home developer buys out bank stake in firm
Thursday 14 April 2011
, Lloyds Bank
, new homes
, Paul Sheffield
Developer Kier have purchased Lloyds Bank's stake in jointly owned property assets, including land for the construction of more new homes, for £91m.
Under terms of the agreement, the developer will make an initial payment of £35m, with a further £30m to be paid in...
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