Crest Nicholson rejects two takeover bids from Bellway

Stock market trading shutterstock_1402151111

£650m offer “significantly undervalued” business says housebuilder

Crest Nicholson has rejected two takeover offers from rival housebuilder Bellway in the last two months.

The two housebuilders revealed the double approach in statements to the stock market this morning and last night.

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