Consortium moves in on Crest

Jan. 15, 2007
Crest Nicholson has said it "intends to recommend" a Castle Bidco offer of 629.7 pence per share to its board, after the consortium was given until February to "put up or shut up." In an announcement to the London Stock Exchange (LSE) Crest confirmed it was in discussions with the HBOS led consortium "with a view to Castle Bidco making …

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