Persimmon shares dip as rumours swirl of Cala Homes bid

By Daniel Gayne2024-05-29T10:37:00

Source: Shutterstock

Reports claim housebuilder ‘leaning towards’ bid for billion-pound firm

Shares in Persimmon fell at the beginning of this week after reports the housebuilder was exploring a bid for a smaller rival.

According to Sky News, the £2.8bn-turnover builder was “leaning towards” submitting an offer for Cala Group, which is supposedly valued at £1bn by owner Legal & General.

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