Crest Nicholson rejects takeover bid

Homebuilder Crest Nicholson emerged as a takeover target today after it turned down a bid worth £658.6m (€979m).

Crest Nicholson rejects takeover bid
Fri, 10 Nov, 2006 - 16:31

Homebuilder Crest Nicholson emerged as a takeover target today after it turned down a bid worth £658.6m (€979m).

The Surrey firm rejected a 585p a share offer from a consortium including Scotland’s richest man Sir Tom Hunter.

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