Property group acquires 30% stake from founding investor

John Downes
Langtree and Network Space have concluded an agreement for Langtree to acquire the remaining 30% shareholding Network Space held in its developer and asset manager operation, having been a founding investor in the business. The deal, worth more than £2m, gives the board members of the Langtree group full control of its equity. Warrington-based Langtree was formed in its current guise four years ago with group chief executive John Downes leading a management buyout of the public sector joint venture interests and brand name of t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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