Crest shares drop after Heron pulls back

May 5, 2005
Shares in Crest Nicholson fell after the Heron Corporation stepped back from its takeover bid. Crest shares fell 51/4p to 3721/2p. Crest chairman John Matthews said: “We remain confident that Crest has excellent prospects and look forward to demonstrating how the continuation of our strategy of adding a strong urban regeneration business to our traditional housebuilding activities will generate significant …

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