Bovis and GT

April 6, 2017
Bovis has confirmed that it has received merger proposals from both Redrow and Galliford Try. The firm has rejected both saying that "neither reflected the underlying value of the Bovis business", but confirmed that talks are continuing with GT.Redrow proposed a share and cash deal which in aggregate amounted to £8.14 per Bovis share. Bovis said that when this proposal ...

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