Galliford Try PLC (GFRD.L)
LONDON British housebuilder Galliford Try on Wednesday pulled out of a 1.2 billion pound ($1.5 billion) attempt to buy rival Bovis after the two failed to agree on price, leaving Bovis to pursue a turnaround under a new chief executive.
* Bovis says merger proposal fails to reflect underlying value
* Board of bovis is pleased to announce appointment of greg fitzgerald as its new chief executive.
LONDON, April 5 British housebuilder Galliford Try said on Wednesday it would not make a formal bid for fellow builder Bovis, the second of two suitors to pull out of a potential buyout of the ailing firm.
LONDON, March 28 British housebuilder Redrow said on Tuesday it did not intend to make an offer to buy fellow builder Bovis just over two weeks after its approach was rejected as too low.
March 13 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
MILAN European shares inched higher on Monday as gains among miners more than offset weaker oil stocks, while fresh dealmaking activity lifted mid-caps.
March 13 The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:
LONDON, March 13 British shares started the week on a firm footing as mining stocks rallied, with deal-making helping the mid cap index to a record high.
LONDON, March 13 Shares in British homebuilder Bovis jumped around 8 percent on Monday after it said it was in talks with rival Galliford Try about a possible takeover.