Bovis approaches rival Galliford Try about housebuilding merger

Sky News has learnt that Bovis Homes Group has approached Galliford Try in the last few weeks about a combination of a large chunk of their operations.Bovis has a market value of just over £1.3bn, while Galliford Try, which owns the Linden Homes housebuilding brand, is worth roughly £550m.A Bovis insider‎ cautioned that it was unlikely to be interested in Galliford Try's troubled construction division, which was responsible for a recent profit warning from the group.