Housebuilder Redrow is to make a £3bn move for rival Bovis.
Bovis chairman Ian Tyler is believed to have rejected an initial approach about a merger, but Redrow is expected to come back with a second offer.
Housebuilder Redrow is to make a £3bn move for rival Bovis.
Bovis chairman Ian Tyler is believed to have rejected an initial approach about a merger, but Redrow is expected to come back with a second offer.
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