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05-06-2008, 08:58 AM
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Bellway approaches Redrow in £1.3bn merger
Property giant Bellway has approached rival Redrow with proposals for an all-share merger worth £1.3 billion. The deal would produce the country’s second-biggest housebuilder in the UK.Last year’s merger of Taylor Woodrow and George Wimpey created the UK’s second-largest firm, however, this would be overtaken if Bellway and Redrow were to merge.However, it is believed [...]
More: Bellway approaches Redrow in £1.3bn merger 
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