Persimmon shares dip as rumours swirl of Cala Homes bid

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Source: Shutterstock

Reports claim housebuilder ‘leaning towards’ bid for billion-pound firm

Shares in Persimmon fell at the beginning of this week after reports the housebuilder was exploring a bid for a smaller rival. 

According to Sky News, the £2.8bn-turnover builder was “leaning towards” submitting an offer for Cala Group, which is supposedly valued at £1bn by owner Legal & General. 

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