Plant hirer Vp abandons sale plan
Listed equipment hire specialist Vp has abandoned plans to sell a majority stake in the business.
Vp’s Chairman Jeremy Pilkington, 71, announced plans four months ago to sell his 50.26% stake, held through his company Ackers P Investment Company.
Explaining the decision to abandon the sales process, the board said that while it received a good level of interest, it concluded that none of the proposals submitted met its original objectives.Jeremy Pilkington, chairman of Vp, said: “The
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