Crest Rejects Gbp 658m Bid From Hunter and Bank of Scotland
The Scotsman › November 11, 2006
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Summary
SHARES in housebuilder Crest Nicholson soared to an all-time high yesterday after the company turned down a takeover bid by a consortium including Scotland's richest man, Sir Tom Hunter.
Crest rejected an offer of 585p a share - worth GBP 658.6 million - from bid vehicle Castle Bidco, which is owned by Hunter's investment firm West Coast Capital and Bank of Scotland Corporate.See the full content of this document
Extract
Crest Rejects Gbp 658m Bid From Hunter and Bank of Scotland
Last night, the share price closed almost 8 per cent higher at 617p, valuing the Surrey-based b...
See the full content of this document
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