Galliford Try shares rise as it rebuffs £950m Bovis offer for housebuilding arm – CityAM

(Reuters) – British construction group Galliford Try (LON: GFRD) said it planned to raise 150 million pounds from investors in coming weeks and said it would bring forward plans to increase its dividend cover to the current financial year.. It said Carillion’s collapse had increased its cash commitments on an Aberdeen joint venture by more than 150 million pounds and fundraising would ensure.

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Bovis Homes shares climb on upbeat trading progress.. Galliford Try shares rise as it rebuffs 950m Bovis offer. Sebastian McCarthy | Staff . Galliford Try rejects takeover bid from rival bovis homes. James Warrington | Staff . London house prices suffer UK’s steepest fall. Callum Keown.

Bovis rejects Galliford Try and Redrow takeover bids but stays open to deal.. Bovis shares plunge after housebuilding slows in December. It said an initial all-share offer had been rejected.

Affordable housing wins add 106m to Galliford Try order book 3 Sep 14 Galliford Try Partnerships has picked up a pair of contracts in the affordable housing sector worth a combined 106m.

British housebuilder Galliford Try (GFRD.L) on Wednesday pulled out of a 1.2 billion pound ($1.5 billion) attempt to buy rival Bovis (BVS.L) after the two failed to agree on price, leaving Bovis.

Galliford Try rejects 950m approach for housebuilding arm from Bovis Evening Standard 11:42 28-May-19.. Galliford Try shares rise as it rebuffs 950m Bovis offer City AM 08:25 28-May-19.. Bovis Homes Group in talks with Galliford Try over housebuilding merger City AM 12:38 25-May-19.

Galliford Try, the construction and housebuilding group, has been appointed on four contracts in the hotel and residential sectors valued at a total of 82.8 million. The first contract of 30 million for RMH (Guildford) LLP involves developing a 186-bedroom Radisson Hotel in Guildford along with.

Email stories to seb.mccarthy@cityam.com Home builder bovis today revealed that talks for a £950m merger. proposal to snap up Galliford Try’s Linden Homes and Partnerships & Regeneration businesses.

Galliford Try abandons plans for takeover of rival housebuilder Bovis HOUSEBUILDER Galliford Try has given up its pursuit of under-pressure rival Bovis Homes just a week after fellow suitor Redrow.

However, talks are now continuing with Galliford Try – news which has led to shares leaping 7% for the FTSE 250 firm. Bovis said Redrow’s offer was "not in the interests of Bovis.

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