Published 2 years ago

UK housebuilder Vistry to buy Countryside

Summary by RTÉ

British housebuilder Vistry said today it would buy rival Countryside in a cash-stock deal, valuing the target at about £1.25 billion, a move aimed to strengthen its business targeted at building affordable homes.

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The Guardian

UK housebuilders Vistry Group and Countryside to merge in £1.3bn deal

Former Bovis Homes snaps up smaller rival after campaign by two US activist investors

2 years ago·London, United Kingdom

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The Telegraph

Housebuilder Vistry swoops on Countryside in £1.25bn bet on affordable housing

Tie-up aims to take advantage of acute property shortage

2 years ago·London, United Kingdom

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RTÉ

UK housebuilder Vistry to buy Countryside

2 years ago·Ireland

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Evening Standard

Vistry agrees £1.25bn takeover of housebuilding rival Countryside

The deal will see the Countryside brand added to Vistry’s existing stable, including Bovis Homes and Linden Homes.

2 years ago·London, United Kingdom

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Express & Star

Housebuilder Vistry to buy rival Countryside Properties for £1.25 billion

Vistry - formerly known as Bovis Homes - said the cash and share offer totals about 249p a share and marks a 9.1 per cent premium to Countryside's 228p closing price on Friday.

2 years ago·Wolverhampton, United Kingdom

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City AM

Vistry swoops in with £1.25bn bid for rival Countryside

Housebuilders Vistry and Countryside are expected to push ahead with a £1.25bn merger, the boards of both companies said today.The merger is based upon Vistry’s closing share price of 741p as of 2 September, and represents a more than nine per cent premium on Countryside’s closing price of 228p on the same day.Countryside has been scouting for buyers since mid-June, according to a regulatory filing at the time.The housebuilder rejected a £1.5bn …

2 years ago·London, United Kingdom

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