By Elizabeth Hopkirk2018-06-12T09:22:00
Deal frees up institute to focus on core work after long-running battle with tax man
RIBA has sold a large stake in RIBA Enterprises to a private equity firm for £31.8m.
LDC, the private equity arm of Lloyds Banking Group has bought what is described as a “significant minority shareholding” in the RIBA’s commercial arm, which trades as NBS.
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