Bovis Homes completes takeover

Shares in FTSE 250 housebuilder Bovis Homes (LON:BVS) dropped by 1.23% to 1,313.78p (as of 13:50 GMT) as it completed the acquisition of Galliford Try’s Linden Homes business. The company also announced a substantial increase in the number of shares in issue due to the share based consideration involved in the transaction.

The company also said it would be applying to the registrar today to change its name to Vistry Group.