Fears are growing that Lone Star will have to delay its €300 million plan to float a new Irish homebuilder as market turmoil deepens for Irish housing heavyweights.
Market sources said that the initial public offering of shares in D-Res, which Lone Star has been plotting for months, may now be pushed back until the new year, with February seen as the most likely flotation window.
The company has a land bank which could accommodate...
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