UPDATE 1-Lone Star to buy UK property firm Quintain for $1.1 bln
July 29, 2015 at 05:10 AM EDT
LONDON, July 29 (Reuters) - U.S. private equity firm Lone Star has agreed to buy British property firm Quintain Estates and Development for 700 million pounds ($1.1 billion) to gain one of London's few remaining large-scale development opportunities.