Persimmon

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Reuters - 6 일 전

Crest Nicholson likely to agree merger with Bellway to create $5 bln UK homebuilder

CORRECTED-UPDATE 3-Crest Nicholson likely to agree merger with Bellway to create $5 bln UK homebuilder Corrects to read 720 million pounds (not 701.4 million pounds), in paragraph 1 July 10 (Reuters) - British homebuilder Crest Nicholson CRST.L said on Wednesday it may recommend to its shareholders a sweetened 720 million pound ($922.1 million) all-share takeover deal from bigger rival Bellway BWY.L if the latter comes up with a firm offer.

Reuters - 6 일 전

UK's Barratt flags up to 7% drop in 2025 homebuilding targets amid tough market

UPDATE 3-UK's Barratt flags up to 7% drop in 2025 homebuilding targets amid tough market Shares down 3%; stock top pct loser on FTSE 100 index Barratt sees FY25 homebuild target of 13,000-13,500 units Co expects reduction in average outlets in FY25 Updates share move in paragraph 2, adds analyst comment in paragraph 8, adds chart on home completions By Aby Jose Koilparambil July 10 (Reuters) - Britain's Barratt Developments BDEV.L expects its homebuilding targets for fiscal 2025 to drop by up to

Reuters - 2 주 전

Crest Nicholson won't enter talks on merger proposal from Avant Homes

UPDATE 2-Crest Nicholson won't enter talks on merger proposal from Avant Homes Adds details, background July 5 (Reuters) - British homebuilder Crest Nicholson CRST.L said on Friday it had received a merger proposal from Elliott-backed Avant Homes but added it wouldn't enter talks while it is in an offer period following Bellway's takeover bid last month.

Reuters - 2 주 전

UK's Crest Nicholson rejects takeover proposal from Avant Homes, Sky News reports

UK's Crest Nicholson rejects takeover proposal from Avant Homes, Sky News reports July 5 (Reuters) - Crest Nicholson CRST.L has in the past 10 days rejected an all-share takeover bid from Elliott Advisors-owned Avant Homes, Sky News reported on Friday, citing City sources. The bid from Avant, run by former Persimmon PSN.L chief Jeff Fairburn, would have seen Elliott become the biggest shareholder in the combined group, Sky News said.

Reuters - 2 주 전

London midcaps touch more than two-year highs as Labour Party returns to power

UPDATE 2-London midcaps touch more than two-year highs as Labour Party returns to power For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.5%, FTSE 250 adds 0.9% Labour Party wins parliamentary election Homebuilders, construction stocks soar US unemployment rate at 4.1% Updated at 1550 GMT By Purvi Agarwal and Pranav Kashyap July 5 (Reuters) - Britain's domestic-focused stocks logged their best week in more than five months