Miller Homes buys St Modwen Homes for £215m

Miller Homes has agreed a deal to buy rival St Modwen Homes for £215m, taking the house builder a step closer to realising its goal of delivering 6,000 homes a year.
The deal sees Miller Homes acquire 19 live sites containing around 3,500 plots and a further five strategic sites.
The acquisition will see Miller will enter the South West for the first time and expand its business in the Midlands and South regions.Under previous owner Blackstone, St Modwen turned over £368m in latest