Lone Star to complete McStone takeover

Jan. 29, 2021
Lone Star’s £647 million acquisition of retirement housebuilder McCarthy & Stone is due to complete today (January 29) following a successful scheme sanction hearing.The retirement giant will now be delisted from the stock exchange, with today the last day of dealing in its shares. Global investment firm Loan Star and McStone announced the takeover on October 23, with the US …

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