 | Crest Nicholson is all set to return to the stock market with the announcement of initial public offering (IPO), five years after it was taken over during the housing market crash. The Surrey-based house builder announced that the IPO would comprise of new and existing shares and that the primary proceeds from the offer, around £50 million, would be used to pay outstanding borrowings. Founded in 1963, Crest Nicholson was bought by HBOS... Categories: Tags: Real Estate |
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Crest Nicholson plans stock market return to raise £50m to pay off debts
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