Consolidation distorting market, says Miller finance director

April 1, 2007
The race to stay in housebuilding’s premier league is leading to increasingly unreasonable prices for businesses put on the market, according to Miller finance director John Richards (pictured). Miller’s group turnover boomed to more than £1 billion last year for the first time, helped by the acquisition in late 2005 of Fairclough Homes for £262 million. But there have been …

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