Proposed 拢5bn merger now only needs Wimpey sharholder approval as owners of Taylor Woodrow shares approve deal
The proposed merger between Taylor Woodrow and George Wimpey moved a step closer today after the move was approved by Taylor Woodrow鈥檚 shareholders.
The 拢5bn merger, which would create the UK鈥檚 largest housebuilder with 31,000 annual completions, was approved by the competition commission two weeks ago.
The deal will be put to a vote of George Wimpey shareholders next week, with companies expecting the first Taylor Wimpey shares to be issued on 3 July.
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