British house builder Crest Nicholson which went private in 2007 is planning to list its shares on the London Stock Exchange in order to take advantage of "gradual recovery" in the UK housing market.
The company expects £50m (€60m, $79m) proceeds from its initial public offering (IPO), which will be used to repay debt.
Following the IPO, Crest Nicholson will have a valuation of £500m... (Continue Reading)
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