Vistry to buy rival Countryside for £1.24bn

Vistry has announced plans to buy partnership housing rival Countryside in a cash and share deal worth £1.25bn.
The deal will create one of the country’s leading home builders with revenue of over £3bn.
The combined business will comprise a top tier house builder and a leading partnerships business, with capability across all housing tenures, and delivering much-needed affordable housing.Vistry is forecasting that future operating profit from each division could top £400m