“Bovis Homes is unofficially up for sale and another party can enter the picture as well”, says Ben Harrington, Business Journalist & Editor at Betaville while talking about Bovis Homes rejecting a bid from rival Redrow. The house builder also received a bid from Galliford try.
On Wood Group – Amec deal
Harrington calls the deal “a Wood Group’s attempt to put Amec shareholders out of their misery”.
Watch the full segment for M&A grapevine –
· Exxon-BP acquisition talk
· A potential deal between Old Mutual & Prudential
· Rumors about Virtusa (US based IT firm)