Lone Star increases block trade and exits Forterra

Aidan Gregory

April 21, 2017 02:00 pm

Forterra_PA_230x150 — File photo dated 07/02/17 of houses being built, as output in Britain's construction and manufacturing industries remained under pressure in February and the trade gap widened, pointing to a slowdown in momentum for the UK economy. | Andrew Matthews/PA Wire/PA Images

Lone Star Funds, the US private equity group, has achieved a full exit from Forterra, the UK brick maker, after an accelerated bookbuild led by Numis Securities and Peel Hunt on Thursday night which was increased due to strong demand.

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Topics

Equity ABBs-Block Trades UK Europe EMEA

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Aidan Gregory