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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Private equity group pauses sale amid concerns over market impact of pandemic
US private equity giant Lone Star has put its sale of Wembley Park developer Quintain on hold amid the worsening economic environment brought on by the covid crisis.
A source close to the firm confirmed reports the private equity firm, which is separately in the middle of purchasing retirement housebuilder McCarthy & Stone, has paused conversations over a potential £3bn sale of the firm.
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