The deal, in which Vistry is expected to pay mostly stock for its counterpart, could be announced as soon as this coming week, the report said, citing people familiar with the matter.
(Reporting by Shivani Tanna in Bengaluru; Editing by Mark Porter)
(Reuters) - British home builders Countryside Partnerships PLC and Vistry Group PLC are nearing a deal to merge and form a $3.2 billion residential developer, the Wall Street Journal reported on Sunday.
The deal, in which Vistry is expected to pay mostly stock for its counterpart, could be announced as soon as this coming week, the report said, citing people familiar with the matter.
(Reporting by Shivani Tanna in Bengaluru; Editing by Mark Porter)