Summary
North housebuilder Persimmon saw its shares soar yesterday after its takeover approach for smaller rival Westbury ignited hopes of further consolidation in the sector.
York-based Persimmon gained over 6% amid reports that it was willing to pay around 560p a share (valuing Westbury at pounds 638m.See the full content of this document
Extract
Takeover Bid May Spur Rival Moves
Shares in Westbury also rose by 12% higher as investors seized the first opportunity to trade its shares since ...
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