Summary
Housebuilder Bovis Homes has begun a pounds 60 million fundraising drive as it aims to position itself for some cutprice land deals.
The company behind the Nether Hall Park development in Great Barr and Oxford Place, in Walsall, has offered up to 12.1 million new shares - equivalent to 10 per cent of its existing share capital - so it will have the finances to take advantage of opportunities in the current market to acquire land for development.See the full content of this document
Extract
Bovis to Raise Pounds 60m for Land Deals
Bovis said half-year results las...
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