MJ Gleeson scraps sale of strategic land operation

By Hamish Champ2019-09-17T08:59:00

Housebuilder says business is worth keeping

Listed housebuilder MJ Gleeson has announced it is scrapping plans to sell its strategic land business.

The firm launched a review of its options for the business in April and said it had received several offers for the operation. But it had concluded it would gain more long-term value from hanging onto the business than from selling it.

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