pounds 15m profit from housebuilder sale

Saturday 08 August 1998 00:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

TONY K PIDGLEY (left) is set to pocket pounds 15m from the sale of his company to Berkeley group, the housebuilder founded and headed by his father, Tony W Pidgley. The 29-year-old entrepreneur yesterday announced the sale of his luxury housebuilder Thirlstone to Berkeley for pounds 4m in cash and pounds 11m in Berkeley shares.

Mr Pidgley junior will also become managing director of Berkeley's Home Counties subsidiary and will sit on the board alongside his father, who is group managing director. The move puts him in pole position to succeed Mr Pidgley senior when he decides to step down.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

pounds 15m profit from housebuilder sale

Join our commenting forum

Thank you for registering