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Vistry takes £500m hit as new boss downsizes housebuilder
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Vistry takes £500m hit as new boss downsizes housebuilder
Vistry has taken a nearly £500m hit to its value, as the beleaguered housebuilder’s new chief executive sets out drastic plans to downsize the firm to ensure its survival. Adam Daniels, the new boss of the FTSE 250 housebuilder, told shareholders on Thursday that his review into the group revealed that its assets were worth [...]
24 Sept, 06:48
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