BUILDING group John Laing is to follow the sale of its troubled construction arm by offloading another division. Talks are under way to sell Laing Property as part of an ongoing campaign to generate up to £120m from a series of asset sales.
Laing wants to focus on its core housing division, which employs about 800 people, and its investment business. The sale talks, which are at an early stage, come as Laing seeks to shake off the effect of the loss-making construction arm.
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