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Bellway


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Latest UK builder M&A may yet have completion date

BREAKINGVIEWS-Latest UK builder M&A may yet have completion date The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add graphic. By Yawen Chen LONDON, June 14 (Reuters Breakingviews) - UK housebuilders’ consolidation trend is encountering some bumps in the road. While tougher times for the sector have seen the likes of Barratt Developments BDEV.L and Redrow RDW.L couple up, Crest Nicholson CRST.L on Friday said it had spurned a 650 million pound ($8
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FTSE 100 logs longest weekly losing run since March 2020, BoE decision on tap

UPDATE 2-FTSE 100 logs longest weekly losing run since March 2020, BoE decision on tap For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK CPI, BoE decision due next week Tesco climbs after it reiterates FY guidance Crest Nicholson jumps on rejecting Bellway's offer FTSE 100, FTSE 250 fall 0.2% each Updated at 1555 GMT By Sruthi Shankar and Purvi Agarwal June 14 (Reuters) - Britain's FTSE 100 m arked its longest weekly losing streak since
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French stocks drag European shares lower on political turmoil

UPDATE 2-French stocks drag European shares lower on political turmoil For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Banks lead sectoral declines H&M rises on UBS upgrade STOXX 600 down 1% Updated at 1550 GMT By Shristi Achar A and Shashwat Chauhan June 14 (Reuters) - European shares d ropped in a broad-based selloff on Friday, m arking a weekly loss amid political turmoil in France that has sent the French benchmark reeling .
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UK's Crest Nicholson tops FTSE midcaps after rejecting Bellway's offer

BUZZ-UK's Crest Nicholson tops FTSE midcaps after rejecting Bellway's offer ** Shares of British homebuilder Crest Nicholson CRST.L climb as much as 10% at 234 pence; top gainer on the FTSE mid cap index .FTMC ** Co rejects rival Bellway's BWY.L revised and unsolicited 650 mln pound ($827.13 mln) all share offer ** CRST says Bellway's offer "signif
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UK Stocks-Factors to watch on June 14

UPDATE 1-UK Stocks-Factors to watch on June 14 Updates futures, Adds news items June 14 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0 .55%. * TESCO: Tesco TSCO.L , Britain's biggest supermarket group, said it was " well positioned " for the balance of the year, as it reported a 4.6% rise in underlying quarterly sales in its home market and reiterated its guidance.
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UK competition watchdog starts formal probe into Barratt-Redrow deal

UK competition watchdog starts formal probe into Barratt-Redrow deal June 14 (Reuters) - Britain's competition regulator launched a formal investigation on Friday into homebuilder Barratt's BDEV.L 2.52 billion pound ($3.21 billion) all-stock deal to buy smaller rival Redrow RDW.L to examine whether it has the potential to hurt competition. WHY IT'S IMPORTANT The purchase of Redrow would cement Barratt's position as one of the largest builders in Britain in terms of both market value and the numb
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Crest Nicholson Says Bellway's Revised Proposal Significantly Undervalues Co

BRIEF-Crest Nicholson Says Bellway's Revised Proposal Significantly Undervalues Co June 14 (Reuters) - CREST NICHOLSON HOLDINGS: CREST NICHOLSON HDGS BELLWAY PLC - RESPONSE TO ANNOUNCEMENT BY BELLWAY P.L.C. CREST NICHOLSON HOLDINGS PLC: BOARD THEREFORE UNANIMOUSLY REJECTED REVISED PROPOSAL ON 14 MAY 2024. CREST NICHOLSON HOLDINGS PLC - CREST NICHOLSON NOTES ANNOUNCEMENT MADE BY BELLWAY P.L.C.
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UK's Crest Nicholson says Bellway's revised proposal undervalues group

UK's Crest Nicholson says Bellway's revised proposal undervalues group June 14 (Reuters) - British homebuilder Crest Nicholson CRST.L said on Friday it rejected a 650 million pound ($828.04 million) revised unsolicited proposal from rival Bellway BWY.L , saying that the deal "significantly undervalued" the group. Bellway on Thursday made public the revised all-share bid it proposed on May 7 to buy Crest Nicholson CRST.L , after the initial proposal too was rejected.
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UK Stocks-Factors to watch on June 14

UK Stocks-Factors to watch on June 14 June 14 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.3%. * HOUSEBUILDERS: Britain's housebuilders are disappointed with what they see as a lack of radical measures to tackle the country's housing shortage in the election manifestoes of both major parties, industry executives said.
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British Business - June 14

PRESS DIGEST-British Business - June 14 June 14 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Members of British lender Nationwide Building Society NBS.L are being urged to vote in favour of a new pay package for its chief executive Debbie Crosbie, which will triple her maximum long-term bonus from 1.14 million pounds ($1.45 million) to 3.42 million pounds $4.36
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Bellway, Clubessential, Lufthansa; Updates Ambuja Cements June 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Thursday: * * Britain's Bellway BWY.L said it had made an all-share proposal to acquire Crest Nicholson CRST.L last month, which was rejected.
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UK's Crest Nicholson says Bellway's new proposal undervalues group

UPDATE 3-UK's Crest Nicholson says Bellway's new proposal undervalues group All-share proposal worth about 253p/Crest share Crest Nicholson had rejected initial proposal made in April Recasts June 13 story with Crest Nicholson's response in paragraph 1, adds details; changes dateline June 14 (Reuters) - British homebuilder Crest Nicholson CRST.L said on Friday rival Bellway's BWY.L revised and unsolicited 650 million pound ($828 million) all-share takeover offer "significantly undervalued" the g
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UK's Bellway confirms $830 mln bid for rival Crest Nicholson

CORRECTED-UK's Bellway confirms $830 mln bid for rival Crest Nicholson Corrects deal value in headline and paragraph 1 to 650 million pounds, not 6.5 billion pounds June 13 (Reuters) - British homebuilder Bellway BWY.L on Thursday confirmed that it had recently made an all-share offer to acquire Crest Nicholson CRST.L , in a deal which would have valued the rival at about 650 million pounds ($829.53 million).
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Bellway PLC Confirms It Made Its Latest Non-Binding All-Share Offer To Crest Nicholson On 7 May

BRIEF-Bellway PLC Confirms It Made Its Latest Non-Binding All-Share Offer To Crest Nicholson On 7 May June 13 (Reuters) - Bellway PLC BWY.L : BELLWAY PLC - RESPONSE TO PRESS SPECULATION BELLWAY PLC - BOARD OF BELLWAY CONFIRMS THAT, ON 7 MAY 2024, IT MADE ITS LATEST NON-BINDING ALL-SHARE OFFER TO BOARD OF CREST NICHOLSON BELLWAY PLC: UNDER TERMS OF
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UK housebuilders bemoan lack of new election housing pledges

UK housebuilders bemoan lack of new election housing pledges By Aby Jose Koilparambil June 13 (Reuters) - Britain's housebuilders are disappointed with what they see as a lack of radical measures to tackle the country's housing shortage in the election manifestoes of both major parties, industry executives said on Thursday. At its manifesto launch, the Labour Party confirmed its plans to build 1.5 million new homes, just short of the 1.6 million homes over the next five years promised to voters
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UK homebuilders gain as cooling labour market boosts rate cut hopes

BUZZ-UK homebuilders gain as cooling labour market boosts rate cut hopes ** Shares of UK housebuilders .FTNMX402020 rise 1.3% after Britain's labour market showed more signs of cooling in April as the unemployment rate rose ** Official data showed the jobless rate for the three months to April rose to 4.4% from 4.3% between January and March, the h
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Aviva, DCC, Puig Brands

EUROPE RESEARCH ROUNDUP-Aviva, DCC, Puig Brands June 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aviva, DCC and Puig Brands on Monday. HIGHLIGHTS * Aviva AV.L : JP Morgan removes stock from its analyst focus list * Bellway Plc BWY.L : Citigroup raises target price to 3151p from 3033p * Computacenter Plc CCC.L : Peel Hunt raises to buy from add * DCC DCC.L : Jefferies raises target price to 7600p from 7400p * Puig Brands SA P
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Bellway lifts house price outlook after strong spring season

UPDATE 3-Bellway lifts house price outlook after strong spring season Adds sector context in paragraph 6 By Aby Jose Koilparambil June 7 (Reuters) - British homebuilder Bellway BWY.L raised its annual average selling price forecast on Friday and pointed to strong trading in the spring selling season as improved affordability lifted customer confidence.
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UK Stocks-Factors to watch on June 7

UPDATE 1-UK Stocks-Factors to watch on June 7 Updates futures, Adds news items June 7 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0. 14 %. * B ELLWAY: British homebuilder Bellway BWY.L raised its annual average selling price forecast and pointed to strong trading in the spring selling season as improved affordability lifted customer confidence.
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Bellway Sees Y-O-Y Increase In Forward Order Book At July 31

BRIEF-Bellway Sees Y-O-Y Increase In Forward Order Book At July 31 June 7 (Reuters) - Bellway PLC BWY.L : TRADING UPDATE STRONGER TRADING THROUGH SPRING SELLING SEASON, WITH IMPROVED AFFORDABILITY SUPPORTING INCREASE IN CUSTOMER CONFIDENCE AND RESERVATION RATES PRIVATE RESERVATION RATE PER OUTLET PER WEEK OF 0.62 INCREASED BY 6.9% IN RESPECT OF PERIOD FROM 1 FEBRUARY TO 2 JUNE 2024. HEADLINE PRICING HAS REMAINED FIRM, AND INCENTIVES CONTINUE TO BE USED ON A TARGETED BASIS.
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔