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The family-owners of a major York employer look set for a pay-out topping £1.5 billion.

The Shepherd family has sold Portakabin to French-owned finance company Antin Infrastructure Partners.

Neither party will put a price on the sale, but when sales talks began last year, Sky News quoted a figure exceeding £1.5 billion.

The sale, agreed last month, still has to meet regulatory approval, which is expected by the end of June.


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