Westbury acquisition pushes Persimmon into FTSE 100

Dec. 1, 2005
Persimmon chief executive John WhiteA Wimpey spokesperson revealed that the plc is planning to establish three new geographic divisions "to deliver both Laing Homes’ and Wimpey’s products." Persimmon has admitted it will be slashing hundreds of jobs at Westbury and closing most of its 11 offices, following Westbury’s board’s recommendation to shareholders that they accept the 560p-per-share offer – to …

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