Crest Nicholson board ‘minded to recommend’ Bellway’s improved £720m takeover offer to shareholders

By Daniel Gayne2024-07-10T12:28:00

Would-be buyer now has until 8 August to make official bid

Bellway has announced the terms of its latest offer to buy rival housebuilder Crest Nicholson.

Earlier this year, Crest Nicholson announced it had rejected two takeover offers from Bellway, claiming the proposed £650m deal “significantly undervalued” the £900m turnover business.

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