PropertyEU

UK housebuilders Berkeley and Bovis 'unlikely to merge'

By Nicol Dynes 2017-01-24T00:00:00

bovis homes

Berkeley Homes, the English housebuilder, has rejected the proposal of a merger with its smaller rival Bovis, according to sources within the company. The all-share deal had been urged by the investment company Schroders, which is Bovis’s biggest shareholder.

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