RSS feedgeorge wimpey
’Boardoom execution at Reed
Forget the recent reshuffle at Barclays, this is a proper executive-level knifing.
After just 8 months in the job, Ian Smith, chief executive of Reed Elsevier — which publishes the New Scientist and The Lancet — quit on Wednesday morning.
Persimmon poised to gatecrash merger
Persimmon, the UK’s largest housebuilder, and private equity firms are preparing to gatecrash the proposed £5.5bn merger of George Wimpey and Taylor Woodrow, reports The Times. Rival suitors for Taylor Woodrow have asked several leading City investment banks over the past week to weigh up the housebuilder,
Persimmon mulling bid to derail UK housebuilder merger
Persimmon, the housebuilding giant, is considering a bid for rival Taylor Woodrow in a move that may derail Taylor Woodrow’s planned merger with George Wimpey, according to reports on Tuesday. Taylor Woodrow said on Monday it would buy Wimpey for more than £2.5bn in a nil-premium,
Markets live transcript 26 Mar 2007
Markets live chat transcript for the chat ending at 11:44 on 26 Mar 2007. Participants in this chat were: Paul Murphy (PM) Neil Hume (NH)
PM: Welcome to Markets Live, the live daily market commentary from the Alphaville team.
Taylor Wimpey PLC — the chummy terms
Taylor Woodrow and George Wimpey unveiled the terms of their proposed £5bn merger on Monday. As forecast, the plan is for a nil-premium, all-share, scheme of arrangement. Headline terms:
Share swap effectively one-for-one,
Merger to create UK’s biggest housebuilder
George Wimpey and Taylor Woodrow are set to merge in a £5bn deal to create Britain’s biggest housebuilder, with operations in the UK and the US producing 30,000 houses a year. The UK’s biggest-ever housing deal,