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£500m cash injection for Taylor Wimpey £500m cash injection for Taylor Wimpey
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Old 06-29-2008, 11:53 AM
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Default £500m cash injection for Taylor Wimpey
Housebuilder Taylor Wimpey is close to receiving a huge cash injection in a bid to shore up its balance sheet. The rescue is being co-ordinated by investment bank UBS, and JP Morgan Cazenove. The agreement, which is believed to raise as much as £500 million could be reached by Wednesday, at which time a trading update is [...]

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Old 07-18-2008, 09:40 PM
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Housebuilder Taylor Wimpey is close to receiving a huge cash injection in a bid to shore up its balance sheet. The rescue is being co-ordinated by investment bank UBS, and JP Morgan Cazenove. The agreement, which is believed to raise as much as £500 million could be reached by Wednesday, at which time a trading update is [...]

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Oh no dont you just hate this, no updates, what happened then?
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Old 07-31-2008, 12:45 PM
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I know they are having problems in Florida...I have properties on ther market there reduced by nearly 50%. People are still not buying.
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Old 08-04-2008, 02:19 PM
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Wimpey lost the deal, their shares tanked - they are now in debt talks with Rothschilde, selling assets, and taking investment from Morgan Stanley.

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