DIRECTORS of high-end housebuilder Cala are in sale talks with a number of private equity firms as well as listed builder Taylor Wimpey, The Herald understands.
DIRECTORS of high-end housebuilder Cala are in sale talks with a number of private equity firms as well as listed builder Taylor Wimpey, The Herald understands.
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TIM SHARP CITY EDITOR
Cala is thought to be valued at around £250 million and its sale would allow an exit for Bank of Scotland, which has 32% of voting rights in the company after a debt-for-equity swap in 2010. The rest is in the hands of managers and staff.
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