Landbank pulls its £250m float plans - Business - Evening Standard
       

Landbank pulls its £250m float plans

A company planning to come to AIM with a value of £250 million to buy up building plots from distressed housebuilders has ditched its flotation plan.

Landbank becomes the second property venture to pull out of a float recently after NewRiver Retail halted its plans to raise money to buy up shops. Landbank said it hoped to raise the same amount through a private share placing.

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