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Linden Homes up for sale for £300m
05/09/2006
Linden Homes, the Wilmslow-based housebuilder is up for sale with an asking price of £300m. Chairman Andrew Sells and Chief Executive Philip Davis jointly own 20% of the company, and could recieve a windfall of around £20m from the deal. Housebuilding companies Miller, Persimmon and Barratt have been tipped as potential buyers, as well as private equity group Permira and investment bank Barclays Capital. Linden is on course for operating profits of over £25m this year, and last year it recorded a turnover of £280m.

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