Bovis rebuffs Galliford deal, hires ex-Galliford boss
April 06, 2017
Construction & Engineering | Longfield, UK | Corporate Acquisition
Bovis Homes (LON: BVS) has called off talks to be taken over by Galliford Try (LON: GFRD) after nearly a month of discussions. The company has also announced the hiring of Greg Fitzgerald, Galliford’s former CEO and chairman, as CEO. In March, Bovis rejected a share-and-cash approach from housebuilder Redrow. Bovis' shares closed up 6% on Tuesday.