Bellway’s plan to buy smaller housebuilder Crest Nicholson for around £720 million is now off despite months of negotiations.
Crest Nicholson
1-3 of 3 Articles
The directors of housebuilder Crest Nicholson have said they are “minded to recommend” an improved acquisition bid by rival Bellway.
A £650 million bid by Bellway to take over rival housebuilder Crest Nicholson has been rejected, the second refused approach in as many months.