Redrow Hot Favourite with Builders Back in Bid Frame

Evening Standard - London › April 26, 2006

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Summary

COULD we be about to see another round of consolidation in the building sector at a time when fresh life is being breathed back into the housing market?

That appeared to be the view among City speculators yesterday as they began laying the foundations for a new round of takeovers.

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Extract

Redrow Hot Favourite with Builders Back in Bid Frame

Last year Persimmon paid Pounds 643 million for rival Westbury and the general opinion then was that further deals were in the pipeline as builders tried to boost their increasingly valuable land ba...

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