San Francisco-based ESG investor eyes £1.5bn takeover of Countryside

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But housebuilder ‘not engaging’ with offer talks, says Inclusive Capital Partners

A San Francisco-based ethical investment fund said it has made two approaches to partnerships housebuilder Countryside to discuss a potential £1.5bn takeover offer.

Inclusive Capital Partners, which currently owns a 9% stake in the £600m-turnover housebuilder, says it approached Countryside twice in the past two months about a potential offer to acquire the firm’s entire share capital and take it private.

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