The Berkeley Group Holdings plc (LSE:BKG) has rejected a proposed merger with competitor Bovis Homes Group PLC (LSE:BVS), sources told The Telegraph, following a report from the Sunday Times suggesting a potential combination between the two FTSE 250-listed house builders. The Sunday Times reported that Schroder Investment Management Limited, Bovis's second biggest shareholder - with a 6.4% stake - is pushing for a £5 billion merger with Berkeley. Earlier this month, Bovis's chief executive resigned following a profit warning.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1,314 GBX | -0.98% |
|
+1.86% | +43.22% |
07-17 | FTSE 100 outperforms and pound tops USD1.30 | AN |
07-10 | UK's Barratt expects up to 7% drop in 2025 homebuilding targets amid tough market | RE |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+43.22% | 5.78B | |
+3.64% | 53.43B | |
+17.92% | 26.2B | |
+0.56% | 17.08B | |
+23.15% | 15.4B | |
+24.69% | 13.59B | |
+44.18% | 7.38B | |
+6.05% | 7.2B | |
+20.66% | 6.91B | |
+3.63% | 6.72B |
- Stock Market
- Equities
- VTY Stock
- News Vistry Group PLC
- Berkeley Rejected The Bovis Merger