John Laing completes first stage of the divestment of IEP East in a £204.3 million deal

LONDON: John Laing Group plc has completed the first stage of the transaction announced on 18 September 2020 to divest its 30% interest in Intercity Express Programme Phase 2 (IEP East), a news release said. This first stage, consisting of a sale of the Group’s 15% interest in IEP East, completed yesterday.  Cash proceeds from…