Bridgepoint is close to agreeing a deal with Blackstone unit GSO, Lloyds and Coller Capital to acquire Miller Homes for £655m.
That price represents 5.1 times estimated earnings for the current year, and 1.3 times the value of Miller’s assets.
Miller’s construction activity is focused on Scotland and the north of England.
Click here for the full Daily Telegraph article
Click here for the full FT article (£)
