Crest Nicholson shareholder Deutsche Bank rumoured to be selling 6.6% stake
Crest Nicholson shareholder Deutsche Bank was rumoured to be offloading a 6.6% shareholding in the listed UK-based residential builder via a secondary placing, the Financial Times reported. The newspaper’s market report section did not cite a source for the rumour.
Crest Nicholson’s share price closed 2p up at 400p in London yesterday, 20 March, valuing the company at GBP 1.00bn (EUR 1.19bn).
Financial Times