The exodus in business
Thompson, J
The exodus in business - 2001 - Building 266(8183) 27 April 2001, 42-44(3) .
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.
PUBLIC COMPANIES
CONSTRUCTION INDUSTRY
SHARE PRICES
INVESTMENT
PRIVATE COMPANIES
LONDON STOCK EXCHANGE
HOUSE BUILDERS
The exodus in business - 2001 - Building 266(8183) 27 April 2001, 42-44(3) .
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.
PUBLIC COMPANIES
CONSTRUCTION INDUSTRY
SHARE PRICES
INVESTMENT
PRIVATE COMPANIES
LONDON STOCK EXCHANGE
HOUSE BUILDERS