- Westbury (housebuilder)
Westbury plc was a British housebuilding company based in
Cheltenham ,Gloucestershire . Prior to its acquisition by Persimmon plc it was listed on theLondon Stock Exchange as a constituent of theFTSE 250 Index .Westbury operated in the United Kingdom only. It owned nine regionally-based housebuilding companies and a manufacturing plant. Its main business was private housing but it was also involved in the construction of
social housing . Its turnover for the year (2005) was £893.0 million. Profits were £120.0 million before tax and £81.9 million after tax.In November 2005 Westbury received a £643 million takeover approach from
Persimmon plc , a larger British housebuilding company, which was accepted by the shareholders. [ [http://news.bbc.co.uk/1/hi/business/4465540.stm BBC News] ]References
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