Bloomberg Bovis Homes Group Plc jumped the most in eight months in London trading after the UK homebuilder said it’s in talks to be bought by competitor Galliford Try Plc. Bovis said that talks are ongoing with Galliford Try after it rejected an offer from the company. It ended discussions with Redrow Plc over an earlier bid. The stock ...

  Bloomberg John Wood Group Plc agreed to acquire Amec Foster Wheeler Plc in an all-share deal that values the UK engineering-service provider at about 2.23 billion pounds ($2.7 billion). The shares of both companies surged. The takeover comes after several years of pressure on profits for service providers in the energy industry as the slide in oil prices forced ...

  Bloomberg More London home sellers are having to cut the asking price of their homes, and they’re offering deeper discounts as political uncertainty and high values dampen demand. “Price cuts seen in prime central London in the immediate aftermath of Brexit are now filtering through to outer boroughs,” said Savills Plc residential research director Lucian Cook. “Affordability issues are ...