Taywood/Wimpey merger planned

April 1, 2007
George Wimpey and Taylor Woodrow are planning to complete a £5 billion merger by June. As Housebuilder went to press, speculation was rising that Persimmon would trump the all-share offer with a cash counter-bid for Taywood. But if the merger proceeds, it will be the biggest industry consolidation deal to date. Taylor Wimpey would build more than 31,000 homes a …

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