{"id":351730,"date":"2011-03-31T07:02:54","date_gmt":"2011-03-31T07:02:54","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/"},"modified":"2011-03-31T07:02:54","modified_gmt":"2011-03-31T07:02:54","slug":"taylor-wimpey-sells-american-unit","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/","title":{"rendered":"Taylor Wimpey sells American unit"},"content":{"rendered":"<p><div readability=\"49.528712871287\">\n    \t\t  <span><br \/>\n    <span>31 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>03:02 ET<\/span><br \/>\n<\/span><\/p>\n<p>Housebuilder Taylor Wimpey has sold its North American business for $955m (\u00a3593m) as the company seeks to focus on its core UK activities.<\/p>\n<p>Taylor Wimpey said it would use the proceeds from the sale to pay down debt and pension deficits. <\/p>\n<p>The North American business is being sold to property investor TMM Holdings. <\/p>\n<p>Taylor Wimpey, formed by the merger of Taylor Woodrow and George Wimpey in 2007, is the UK&#8217;s second-largest housebuilder by volume.<\/p>\n<p>&#8220;We are delighted to announce the sale of our North American Business, which is a significant step towards our goal of becoming a UK-focused homebuilder,&#8221; said Pete Redfern, Taylor Wimpey&#8217;s group chief executive.<\/p>\n<p>&#8220;The sale will provide us with a strengthened balance sheet and increased financial capacity to invest in the UK and to pursue our strategic aims of focusing on margin growth.&#8221;<\/p>\n<\/p><\/div>\n<\/p>\n<p>Read the original here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12917127\" title=\"Taylor Wimpey sells American unit\" rel=\"noopener noreferrer\">Taylor Wimpey sells American unit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 31 March 2011 Last updated at 03:02 ET Housebuilder Taylor Wimpey has sold its North American business for $955m (\u00a3593m) as the company seeks to focus on its core UK activities. Taylor Wimpey said it would use the proceeds from the sale to pay down debt and pension deficits. The North American business is being sold to property investor TMM Holdings<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-351730","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Taylor Wimpey sells American unit - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Taylor Wimpey sells American unit - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"31 March 2011 Last updated at 03:02 ET Housebuilder Taylor Wimpey has sold its North American business for $955m (\u00a3593m) as the company seeks to focus on its core UK activities. Taylor Wimpey said it would use the proceeds from the sale to pay down debt and pension deficits. The North American business is being sold to property investor TMM Holdings\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Taylor Wimpey sells American unit\",\"datePublished\":\"2011-03-31T07:02:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/\"},\"wordCount\":157,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/\",\"name\":\"Taylor Wimpey sells American unit - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-31T07:02:54+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Taylor Wimpey sells American unit - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/31\/taylor-wimpey-sells-american-unit\/","twitter_card":"summary_large_image","twitter_title":"Taylor Wimpey sells American unit - Ghanamma.com","twitter_description":"31 March 2011 Last updated at 03:02 ET Housebuilder Taylor Wimpey has sold its North American business for $955m (\u00a3593m) as the company seeks to focus on its core UK activities. 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