.24 May 2011 10:38
On 12 May 2011, the board of Eatonfield announced its view that discussions prior to exchange of contracts for the sale of the Welsh sites were in the final stages. The board had reasonable grounds to believe that exchange of contracts, on the terms previously set out, for the sale of the Welsh sites to Trilandium LLP was imminent. The board can confirm that as a result of a number of changes to the terms that were subsequently requested at a late stage in negotiations, the board's discussions with regard to the sale of the Welsh sites have been terminated with effect from 23 May 2011.