Galliford Try rejects Bovis £1.1bn takeover bid for housing arm

galliford

Analysts say Bovis will have to make an improved offer for deal to succeed

Galliford Try has rejected a £1.1bn bid from Bovis Homes to take over the contractor’s housebuilding and regeneration and partnerships businesses.

Bovis is headed up by Greg Fitzgerald, who ran Galliford Try for 12 years before leaving in 2016. He joined Bovis the following year and has since turned around the then ailing housebuilder’s fortunes.

 

...

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now