Fears over cladding costs behind Bellway’s decision to drop Crest bid

Bellway first bid to take over the Surrey-headquartered developer in June, making an all-share offer valuing the company at £667 – 253p per share London-listed housebuilder Bellway has reportedly cited fears of Crest Nicholson’s costs to fix hazardous cladding as part of reasoning for pulling out of its £720m […]

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