City Of London
Homebuilders Merge Amid Signs of Cooling Market: The London Rush
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Here’s the key business news from London-listed companies this morning.
Vistry Group Plc: The UK homebuilder has agreed to buy peer Countryside Partnerships Plc in a deal that values the company at about £1.25 billion. The acquisition comes amid signs that the UK’s housing property market is cooling in response to the worsening cost of living crisis.