UK housebuilders in merger talks

UK housebuilders George Wimpey and Taylor Woodrow are understood to be in talks over a £5bn (€7.4bn) merger in a deal that would catapult the new group into the FTSE 100 Index, reports reveal today.

UK housebuilders in merger talks

UK housebuilders George Wimpey and Taylor Woodrow are understood to be in talks over a £5bn (€7.4bn) merger in a deal that would catapult the new group into the FTSE 100 Index, reports reveal today.

The two firms are believed to be in the final stage of negotiations over a tie-up, which would create a housebuilding giant with operations in Britain and the US producing about 30,000 houses a year.

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