Surprise and relief: why the Lendlease sale to private equity is seen as a vote of confidence in UK contractors

By Dave Rogers2025-01-10T07:00:00

Uncertainty about historic firm’s future is finally at an end – and the news has been welcomed by clients and rivals alike, writes Dave Rogers

Late on New Year’s Day in the UK, as people were tucked up in bed, nursing hangovers and catching up on sleep from the night before, on the other side of the world in Sydney came the announcement that Lendlease’s UK construction business was being bought by a US private equity firm called Atlas Holdings.

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