Vistry Group PLC - Kent, England-based housebuilder - Completes GBP1.25 billion acquisition of Essex-based operative builders company Countryside Partnerships PLC. On Thursday, High Court of Justice in England & Wales sanctioned the takeover, with Countryside shares being suspended since Friday morning. Vistry applies to admit 127.4 million new shares on the premium listing segment of the official list and to trading on the London Stock Exchange's main market. It expects trading to take place on Monday morning. Vistry stays in the FTSE 250 following the takeover.
Current Vistry stock price: 665.50 pence, up 2.0% on Friday in London
12-month change: down 42%
By Tom Budszus; tombudszus@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Vistry Grp (VTY)