McStone to float in the autumn

Nov. 1, 2015
McCarthy & Stone has announced its intention to float on the London Stock Exchange.The retirement housebuilder intends to raise £70 million from an initial public offering (IPO) to further invest in land and build, allowing the group to “move to the next stage” of its development.McStone currently enjoys a 70% share of the owner-occupier retirement market. It recently announced that …

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