Centex considers sale of Fairclough Homes six years after it acquired the UK housebuilder.
American housebuilder Centex has announced that it is considering selling British subsidiary Fairclough Homes.
It announced that it is exploring various alternatives regarding its Home Building Group which operates under the name of Fairclough Homes.
Centex in 1999 acquired Fairclough Homes in 1999. For the year ended 31 March 2005 Fairclough built 1,563 housing units and had a turnover of £275m.