Quintain up for sale with £3bn price tag

Wembley Park 636

US private equity firm Lone Star has hired advisers to explore options for Wembley developer Quintain including a sale of the business, which could be worth £3bn.

Lone Star has appointed Eastdil and Credit Suisse, according to a report in the Financial Times. It comes just two and a half years after the US firm acquired Quintain, which was previously a listed company, for an equity value of £745m.

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