Housing Duo Walk Away with Pounds 13 Million

Summary


Stephen Wicks, chief executive of residential housebuilder Country and Metropolitan, and his finance director, Nish Malde, will walk away with about pounds 13 million following an agreed 300 pence a share bid from privately-owned Gladedale Holdings.

Both will stay on with the enlarged group, forthree months to ensure a smooth handover.

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Extract


Housing Duo Walk Away with Pounds 13 Million

Mr Wicks started the firm with pounds 10,000 in cash fifteen year...

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