Westbury and Bank of Scotland launch innovative joint venture

March 12, 2004
Westbury has set up a joint venture with Bank of Scotland to provide the housebuilder with access to £150 million of new capital. The move will allow Westbury to bid for larger tracts of land in a market that it says is becoming "more difficult". The new 50:50 joint venture company, Wescott Holdings, will operate through two wholly owned subsidiaries. …

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