Bellway abandons plan to take over Crest Nicholson

By Carl Brown2024-08-13T11:52:00

Housebuilder says it will not now make a firm offer after asking for a deadline to make a decision

Bellway has decided not to make a firm offer to take over Crest Nicholson.

The housebuilder, which successfully applied for a 12-day extension to the deadline for making its decision, has decided against the move, which would have created a business with a turnover of £4.3bn.

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