The family-owners of a major York employer look set for a pay-out topping £1.5 billion.

The Shepherd family has sold Portakabin to French-owned finance company Antin Infrastructure Partners.

Neither party will put a price on the sale, but when sales talks began last year, Sky News quoted a figure exceeding £1.5 billion.

The sale, agreed last month, still has to meet regulatory approval, which is expected by the end of June.


READ MORE:

 



YOU’LL FIND MORE ON THIS STORY AND OTHERS AT www.yorkpress.co.uk OR PICK UP YOUR COPY OF THE NEWSPAPER ITSELF AVAILABLE SIX DAYS A WEEK AT YOUR LOCAL NEWSAGENT

More from Latest News

Weather in North Yorkshire

Brought to you in association with Flamingo Land Resort. 

 

  • Wed

    2°C

  • Thu

    3°C

  • Fri

    2°C

  • Sat

    2°C

  • Sun

    5°C

Listen Live