Bellway walks away from £720m Crest Nicholson takeover bid
by Julia Kollewe from on (#6PYC6)
UK housebuilder said it did not intend to make a firm offer for its smaller rival after months of negotiations
The UK housebuilder Bellway has walked away from a 720m takeover bid for its smaller rival Crest Nicholson after months of negotiations.
Bellway said it does not intend to make a firm offer for Crest Nicholson", without giving any reasons.
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