Persimmon to buy Westbury for £643 million

Nov. 25, 2005
Persimmon is to buy Westbury in a £643 million deal that will create Britain's biggest housebuilder. The 560p a share takeover will send Persimmon into the FTSE 100 and the company plans to build 16,700 homes in the year to December 2006. Persimmon chief executive John White said: "I think a number of companies in terms of turnover and unit …

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