£50m windfall for management when housebuilder rejoins the London stock exchange The management of housebuilder Crest Nicholson is in line for a £50m windfall after one of the highest-profile victims of the financial crisis said it was preparing to return to the London Stock Exchange. The company plans to float around 35% of its stock next month in a move that would value the group at around £500m. Management was given 10% of the equity when Crest's lenders took over the company in 2009, afte...
£50m windfall for management when housebuilder rejoins the London stock exchange The management of housebuilder Crest Nicholson is in line for a £50m windfall after one of the highest-profile victims of the financial crisis said it was preparing to return to the London Stock Exchange. The company plans to float around 35% of its stock next month in a move that would value the group at around £500m. Management was given 10% of the equity when Crest's lenders took over the company in 2009, afte...
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