Laing speculation

July 1, 2002
Laing Homes chief executive Steve Lidgate has dismissed reports of detailed discussions over a management buy out of the firm as &“mere speculation&”. Newspaper reports say that discussions have taken place with venture capitalist 3i over a buy out for up to &£400 million but that 3i was hesitating over the deal. Lidgate commented: &“This continued speculation has been going …

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