Crest fends off Heron for now

May 4, 2005
Heron Corporation has put its takeover plans for Crest Nicholson on hold. In a statement to the London Stock Exchange Heron said: “At the request of Crest Nicholson, the Takeover Panel has required Heron to state by 12 noon today whether or not Heron intends to make a cash offer for the issued shares of Crest Nicholson not already owned …

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