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Bovis Homes agrees £1.1bn deal for Galliford Try housing arm – Construction Enquirer

Bovis Homes agrees £1.1bn deal for Galliford Try housing arm – Construction Enquirer

The deal will give Galliford Try shareholders a 29.3% stake in the enlarged Bovis Homes worth £675m.
It also includes a £300m cash payment to Galliford Try and the transfer of Galliford Trys 10-year private debt placement of £100m.
The deal, which catapult…

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