The exodus in business
Series: Building ; 266(8183) 27 April 2001, 42-44(3)Publication details: 2001Subject(s): Summary: Looks at the trend of housebuilders delisting from the London Stock Exchange, in favour of going private. Housebuilders such as Fairview, Westcott and Ward Homes have taken advantage of poor construction sector share prices and arranged management buyouts. Identifies reasons why housebuilding companies are not always suited to the confines of the City, in particular lack of understanding of the nature of housebuilding among investors, and the large bills and demands placed on listed companies. Concludes by balancing the disadvantages of listed housebuilding companies with the risks in going private. Graph.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS63925 (Browse shelf(Opens below)) | 1 | Available | 112619-1001 |
Looks at the trend of housebuilders delisting from the London Stock Exchange, in favour of going private. Housebuilders such as Fairview, Westcott and Ward Homes have taken advantage of poor construction sector share prices and arranged management buyouts. Identifies reasons why housebuilding companies are not always suited to the confines of the City, in particular lack of understanding of the nature of housebuilding among investors, and the large bills and demands placed on listed companies. Concludes by balancing the disadvantages of listed housebuilding companies with the risks in going private. Graph.