Takeover Monday
In the Monopoly world of volume housebuilding, the top dog is buying out the motorcar. Or something. Barratt is buying Wilson Bowden in a £2.2bn deal which will safely put it ahead of great rival Persimmon. Together last year, Barratt and WB built nearly 20,000 houses.
Meanwhile, Galliford Try is having exclusive talks with Linden Homes about buying them for £200m. Linden is 1/3 owned by HBOS, which backed a management buyout in 2000.
Meanwhile, Galliford Try is having exclusive talks with Linden Homes about buying them for £200m. Linden is 1/3 owned by HBOS, which backed a management buyout in 2000.
Comments