John Laing sells JLEN investment advisory agreement
John Laing Group
402.60p
17:04 21/09/21
0.00%
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John Laing Group has sold the investment advisory agreement between John Laing Capital Management and John Laing Environmental Assets Group to Foresight Group.
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Via the transaction, John Laing said it was completing the sale of its remaining fund management activities, which will allow it to focus on its core business of investing in and actively managing greenfield infrastructure projects.
The sale was expected to complete at the end of June.