Announced

Aermont Capital to acquire Keepmoat Homes from Sun Capital Partners and TDR Capital for £700m.

Synopsis

Aermont Capital, an independent asset management business, agreed to acquire Keepmoat Homes, one of Britain's biggest housebuilders, from Sun Capital Partners and TDR Capital for £700m (c.$924m). Keepmoat has become a national powerhouse in the construction of affordable homes, and describes itself as the UK's seventh-biggest housebuilder.

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