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27Jan94 UK: WAINHOMES GEARS UP FOR £90M FLOAT.

Chester house builder Wainhomes plans to join the stock exchange in March in a flotation which is expected to value the company at £90 million.The company sold some 780 units, largely in the North-West, and made operating profits of £6.4 million on sales of £57 million in the year to last March.It was formed in 1989 from the merger of Whelmar Group, Wainhomes Group and Lanley Builders.It has since expanded with Southern, Yorkshire and Midlands operations. In the half ...

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