John Laing sold to US equity firm in £2bn deal

By Jordan Marshall2021-05-19T14:29:00

PrestonBusStationjlp01_08_081453(c)HistoricEngland

Source: (c) Historic England Archive / John Laing Photographic Collection

Deal will see UK-listed investor taken private after six years on the stock exchange

US private-equity firm Kohlberg Kravis Roberts has agreed to buy infrastructure investor John Laing in a deal valued at about £2bn.

The takeover values the listed firm at 403p a share - a 27% premium on the closing price of its stock on 5 May.

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