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John Laing

John Laing is to partner Cambridge University Hospitals in the development of a £120m private hospital, hotel and conference centre at the Cambridge Biomedical Campus.

John Laing is to set up a 25,000 sq ft office at the One Kingsway development in central London.

John Laing, the construction group with a portfolio of 50 PFI and PPP projects, has accepted a £957m takeover offer from Allianz of Germany.

John Laing has formed a joint venture with Commonwealth Bank of Australia, in order to invest in hospital and road projects in the UK under the name of Laing Commonwealth Bank.

John Laing has been selected as preferred bidder for healthcare projects worth £1.35bn, including the redevelopment of St Bartholomew's and Royal London hospitals in London and two projects in Staffordshire.

John Laing has sold its John Laing Partnership homes businesses to management for £16m, and has also announced that it has been appointed preferred bidder for the Greater Nottingham NHS LIFT project.

John Laing has sold Beechcroft Developments, its retirement home construction business, to a management buy-out backed by Bank of Scotland for £34m.

John Laing has sold its Holloway White Allom building restoration division to a management team for £5m.

John Laing is to sell its housebuilding division to George Wimpey for £297m, as part of a strategy to focus on private finance initiative projects.

John Laing has sold its property development business to a joint venture of Kier Group and Bank of Scotland for £40m, as part of a £120m disposal programme to reduce debt.

John Laing has sold its contracting business to O'Rourke for a nominal sum, and has also announced plans to raise £73m in a rights issue.

John Laing is to build a £55m gun training camp in Gravesend for the Metropolitan Police, which will include urban landscapes and accommodation for 302 officers.

John Laing is to acquire Hyder Investments for £90m, which includes a portfolio of road projects, a stake in the Docklands Light Railway and the company rebuilding the Ministry of Defence in Whitehall.

John Laing has acquired Beechcroft, the developer of retirement homes, for £9.6m.